Warsh's Warning Comes Amid Persistent Inflationary Pressures That Have Kept Consumer Prices Elevated.

Federal Reserve Chair Kevin Warsh said the central bank may be forced to act if inflation does not cool, as President Trump's war in Iran crosses the six-month mark and his tariff dispute with Canada continues to push up prices on both sides of the border. Warsh's warning comes amid persistent inflationary pressures that have kept consumer prices elevated. The ongoing conflict in Iran, now in its sixth month, has added to economic uncertainty, while the trade tensions with Canada have contributed to higher costs for goods in both countries. The Fed chair's remarks signal that policymakers are closely monitoring the situation and could take action if price growth does not moderate.