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Warsh signals Fed may need to hike rates if above-target inflation persists

Kevin Warsh, a candidate for Federal Reserve chair, has signalled that the central bank may need to raise interest rates if inflation remains above its 2% target, a stance that could shape US monetary policy debate.

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Kevin Warsh, a candidate for Federal Reserve chair, has signalled that the central bank may need to raise interest rates if inflation remains above its 2% target, a stance that could shape US monetary policy debate.

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