However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn The US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it was “the Fed’s job to deliver stable prices”. Warsh did not indicate where the Fed will take interest rates in the coming months,…
Blackstone Inc. is offering to sell stake worth as much as $1.25 billion in India’s Knowledge Realty Trust next week via an offer for sale in its largest such transaction this year.
At the annual Jackson Hole symposium in Wyoming on Friday, Warsh praised the American economy's 'overall performance' but hinted that the US central bank may need to act to curb high inflation.