# WarshReaffirms2PercentInflationTarget

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Fed Chair Warsh made his stance clear in congressional testimony: unwavering commitment to monetary policy independence, reaffirming the 2% inflation target, with "no tolerance for persistently elevated inflation". Despite June CPI easing, Warsh said "mission accomplished is not my view" — one month of data won't shift policy direction. With Trump pushing for rate cuts, Warsh vowed to "do my job", calling Fed independence "sacrosanct".

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