Fed Chair Warsh may face the decision of whether to reverse last year's interest rate cuts

Odaily Planet Daily reports: "Fed Whisperer" Nick Timiraos wrote that last month, Warsh chaired his first meeting as Federal Reserve Chair, where the Fed unanimously decided to keep interest rates unchanged. In the coming weeks, growing inflation concerns among some Fed officials could prompt discussions about raising interest rates at the July 28-29 meeting. This week, Warsh will testify before Congress and will have June's inflation data in hand.