04-June-2026
Economy News
 
Fed's Warsh Inherits Economy Increasingly Squeezed by Inflation
04-Jun-2026

Federal Reserve Chairman Kevin Warsh inherits an economy bolstered by an AI investment boom but pinched by rising prices from the Iran war, a Fed survey showed on Wednesday, setting up a fight over an interest rate hike when he runs his first policy meeting in two weeks.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-03/us-economic-activity-and-inflation-both-up-in-recent-weeks-fed-survey-shows