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Event Brief

Fed keeps rate-hike option as inflation cools

June CPI slowed more than expected, but Fed Chair Kevin Warsh says inflation remains unacceptable.
WHO: Kevin Warsh
WHAT: Warsh said the Federal Reserve has 'no tolerance for persistently elevated inflation' and kept the option of a rate hike.
WHEN: Jul 14, 2026 at 11:27 AM ET
WHERE: USA
WHY: The June CPI showed inflation was still persistently elevated despite cooling, prompting Warsh's remarks.

Reporting from 3 identified publishers across this event arc.

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