Published Aug 25, 2026, 7:15 PM ET · Updated 3 months ago · 1 source

Fed should reaffirm 2.0% inflation target and not raise rates due to energy prices

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Original Report

Michael Faulkender, former Deputy Secretary of the United States Treasury, believes Kevin Warsh should reaffirm his commitment to achieving a 2.0% inflation target and argues that current energy-driven price pressures do not justify an increase in interest rates.