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Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has “work to do.” He said interest rates are the Fed’s “predominant tool” for achieving its mandate, but stopped short of signaling he would support an interest-rate hike when Fed officials gather in September. Bloomberg Businessweek Daily has the details on Warsh's first major address at Jackson Hole since becoming Fed Chair 3 months ago.

On today's episode:
Mike McKee, Bloomberg News' Economics & Policy Correspondent
Linda Hasenfratz, Linamar Executive Chair
Michelle Jamrisko, Bloomberg News White House & National Security Editor
Jessica Nix, Bloomberg News Health Reporter

The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a> Federal Reserve Chairman Kevin Warsh warned inflation isn&rsquo;t meaningfully slowing and said policymakers must be confident that it is, otherwise the central bank has &ldquo;work to do.&rdquo; He said interest rates are the Fed&rsquo;s &ldquo;predominant tool&rdquo; for achieving its mandate, but stopped short of signaling he would support an interest-rate hike when Fed officials gather in September. Bloomberg Businessweek Daily has the details on Warsh's first major address at Jackson Hole since becoming Fed Chair 3 months ago. On today's episode:
<ul>
<li>Mike McKee, Bloomberg News' Economics &amp; Policy Correspondent</li>
<li>Linda Hasenfratz, Linamar Executive Chair</li>
<li>Michelle Jamrisko, Bloomberg News White House &amp; National Security Editor</li>
<li>Jessica Nix, Bloomberg News Health Reporter</li>
</ul>

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Listen for reporting from the magazine that helps global leaders stay ahead. Hosts Carol Massar and Tim Stenovec cover the changing world of money, power and technology.&nbsp;You can watch and listen to Businessweek LIVE on YouTube, weekdays from 2PM to 5PM ET:&nbsp;<a href="http://bit.ly/3vTiACF">http://bit.ly/3vTiACF</a>.&nbsp;

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.

Bloomberg Businessweek

Warsh Says Inflation Isn’t Slowing, Policymakers Will Bring it Down

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