United States Consumer Price Index (YoY) came in at 3.5%, below expectations (3.8%) in June

United States Consumer Price Index (YoY) came in at 3.5%, below expectations (3.8%) in June
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Fed Chair Warsh to note they have no tolerance for persistently elevated inflation

According to the prepared remarks that Federal Reserve (Fed) Chairman Kevin Warsh will deliver during his testimony on the Semiannual Monetary Policy Report before the US House Financial Services Committee, he will note that the Fed has no tolerance for persistently elevated inflation.
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