The U.S.-Iran war has pushed consumer prices upward around the world. Federal Reserve Chairman Kevin Warsh has not been explicit about how the U.S. central bank will respond. But some of his most favored phrases provide a hint. CNBC’s Steve Liesman reports.
Chapters:
00:00 Introduction
00:50 Fed speak
03:12 Supply shocks
04:46 Outlook
Reporter: Steve Liesman
Produced and Edited by: Andrea Miller, Charlotte Morabito, Carlos Waters
Animation: Jason Reginato, Christina Locopo
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Why Fed Chairman Warsh Says ‘Inflation Is A Choice’
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