[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]

Federal Reserve Chairman Kevin Warsh speaks Tuesday to the House Financial Services Committee as part of the congressionally mandated semiannual monetary policy report.

The central bank leader's appearance comes the same day the Bureau of Labor Statistics reported that consumer prices fell an unexpectedly sharp 0.4% in June, easing some worries among policymakers about inflation.

In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed's 2% target.

"The members of our Committee have no tolerance for persistently elevated inflation. And we share a resolute commitment to restoring price stability," he said.

Read moreWarsh promises inflation will be a 'thing of the past,' cites benefits of AI investment boomFed officials were split on direction of interest rates at last meeting, minutes showWarsh faces multiple alternative inflation signs as Fed charts new course

Subscribe to CNBC on YouTube. 

Mais Notícias

Home Page - Início

Source link More: The Global Track

Corinthia Mes