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Economics3h 18m ago

Fed Governor Michelle Bowman stated that the Federal Reserve has no tolerance for elevated inflation, and Fed Chair Jerome Powell is testifying before Congress.

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United States

Who
Fed Governor Michelle Bowman, Fed Chair Jerome Powell
What
Fed Governor Michelle Bowman stated that the Federal Reserve has no tolerance for elevated inflation, and Fed Chair Jerome Powell is testifying before Congress.
When
Tue, 14 Jul 2026 13:45:00 GMT · 3h 18m ago
Where
United States ·
Why
To address concerns about elevated inflation and provide an update on monetary policy.
The Frontline Impact

How this affects you

The Federal Reserve's stance on inflation indicates a commitment to maintaining price stability. This may influence future monetary policy decisions, potentially impacting interest rates and economic growth.

Story chain

4 events in this thread
  1. Economics1h 22m ago
    Warsh stated that the Federal Reserve has no tolerance for high inflation.
    Open article
  2. Economics2h 31m ago
    Federal Reserve policymakers have "no tolerance" for elevated inflation.
    Open article
  3. Economics3h 7m ago
    Federal Reserve Chair Kevin Warsh pledged to make high inflation 'a thing of the past'.
    Open article
  4. Currently Reading3h 18m ago
    Fed Governor Michelle Bowman stated that the Federal Reserve has no tolerance for elevated inflation, and Fed Chair Jerome Powell is testifying before Congress.

Verified Sources & Citations