Fed Chair Kevin Warsh Just Got Great News
Inflation slowed in June.
Overview
Kevin Warsh has become chair of the Federal Reserve’s Board of Governors during a time when the agency is grappling with how to rein in inflation without tipping the economy into a recession.
Now, Warsh is getting some help.
Details
The Consumer Price Index (CPI), which tracks the prices on a basket of consumer goods and services, fell a seasonally-adjusted 0.4% in June, the largest decline seen in six years.
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.