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Jul 15, 2026
Fed Chair Warsh: One-time change in prices isn't necessarily inflationary
Federal Reserve (Fed) Chair Kevin Warsh said on Wednesday that recent inflation figures provide an imperfect measure of underlying inflation. Warsh made the remarks while testifying on the Semiannual Monetary Policy Report before the US Senate Committee on Banking, Housing and Urban Affairs.
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Jul 15, 2026
British Pound rallies as soft US PPI hits US Dollar
The Pound Sterling rises by some 0.60% against the US Dollar after the latest Producer Price Index (PPI) in the US showed prices edging lower, driven by the dip in energy prices since late May. At the time of writing, the GBP/USD trades at 1.3460 after bouncing off a daily low of 1.3370.
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