Federal Reserve Chair Warsh may face the question of whether last year’s rate-cut actions should be reversed.

Odaily Planet Daily: “The Fed’s megaphone” Nick Timiraos posted that last month, Warsh, as the chair of the Federal Reserve, presided over its first meeting during his tenure, at which the Federal Reserve unanimously decided to keep interest rates unchanged. In the coming weeks, some Fed officials have become more concerned about inflation and may push for discussions on rate hikes at the July 28–29 meeting. This week, Warsh will testify before Congress and will have access to the June inflation data.
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