Updated
Updated · Bloomberg · Jul 11
Warsh Faces Congress Over June Inflation Data Ahead of July Fed Decision
Updated
Updated · Bloomberg · Jul 11

Warsh Faces Congress Over June Inflation Data Ahead of July Fed Decision

3 articles · Updated · Bloomberg · Jul 11

Summary

  • Tuesday’s House Financial Services Committee hearing will mark Kevin Warsh’s first appearance before Congress as Federal Reserve chair, with June consumer price data landing hours before lawmakers question him.
  • Wednesday’s Senate testimony will follow closely behind new producer price figures, giving Warsh two fresh inflation reports to address over two days on Capitol Hill.
  • Those back-to-back hearings and data releases are set to shape expectations for the Federal Reserve’s July policy decision, putting inflation trends at the center of scrutiny.

Insights

Fed Chair Warsh sees AI as disinflationary, but could its current investment boom prolong the inflation fight?
As the Fed abandons clear guidance, how will it calm public inflation fears with 'strategic ambiguity'?
Can the Fed shrink its $6.7 trillion balance sheet without being forced into a paradoxical interest rate cut?