Federal Reserve Chair Kevin Warsh has suggested that interest rates may need to be raised in the coming months to combat high inflation. In a recent speech, Warsh stated that while inflation has cooled slightly, underlying trends have not improved significantly. He emphasized the need to be confident that inflation is moving towards the desired objective at a sufficient speed.

Warsh's speech was his first high-profile address at the Fed's annual conference. His comments provided a clearer signal about his economic outlook than previously expressed. Further details about Warsh's speech and the potential impact of interest rate hikes are available from the source.