Central Banks

Warsh Suggests Fed’s Tariff Remarks Imply Impaired Credibility

Former Fed governor Kevin Warsh.Photographer: Daniel Acker/Bloomberg

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By Reade Pickert and Catarina Saraiva

May 9, 2025 at 3:21 PM EDT

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Kevin Warsh, who is seen as a possible contender to be the next Federal Reserve chair, suggested the US central bank would be at fault if it cannot prevent tariff-related price hikes from leading to a persistent rise in inflation.