Federal Reserve Chair Kevin Warsh has suggested that interest rates may need to be raised in the coming months. This is due to inflation still being too high, despite recent reports showing a slight cooldown. Warsh made these comments in prepared remarks at a conference. He emphasized the need to be confident that underlying inflation is moving towards the desired objective at a sufficient speed.

Further details about Warsh's economic outlook are available. His comments were made during his first high-profile speech since taking office.

The Fed chair's statements indicate a potential shift in the central bank's approach to managing inflation.