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
Senior Managing Producer: Shawn Baldwin
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
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Why Fed Chairman Warsh Says 'Inflation Is A Choice'
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
Senior Managing Producer: Shawn Baldwin
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Sign up now: https://cnb.cx/4sGlSkh
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Why Fed Chairman Warsh Says 'Inflation Is A Choice'