Federal Reserve Chair Kevin Warsh vows no changes to Fed independence

Federal Reserve Chair Kevin Warsh has vowed to maintain the political independence of the Fed, a move that may stabilize markets despite potential tensions with the White House. Warsh emphasized a strict commitment to delivering price stability, stating that businesses and households should not expect the Fed to accept inflation levels above 2%. His focus remains on ensuring that economic priorities do not compromise the institution's autonomy while aggressively targeting inflation to maintain stability.