📈 Stocks & Economy🌐 Global
Fed Chair Warsh Promises a 'Regime Change' to Finally Kill Inflation
CNBC·Wednesday, 15 July 2026
New Federal Reserve Chairman Kevin Warsh testified before the House Financial Services Committee, pledging to 'get monetary policy right' and defeat inflation that has persisted for five years. He called inflation a 'tax' on the American people and promised a vigilant fight to return it to the Fed's 2% target. Separately, Fed Governor Waller warned that interest rate hikes are still possible.
Why It Matters
When the US Federal Reserve changes direction on interest rates, global capital flows shift — and that directly affects currencies, bond yields, and stock markets worldwide, including India.
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