00:00Federal Reserve Chair Kevin Warsh declined to signal whether the Fed will raise interest rates
00:05at its July meeting, saying policymakers still need to debate the path forward.
00:09Speaking at a central banking forum in Portugal, he stressed that inflation remains too high
00:15and that the Fed's work on price stability isn't finished. Warsh also suggested the central bank
00:20is moving away from giving markets clear advance guidance on its next moves, putting more emphasis
00:26on incoming economic data. That leaves investors waiting for the next batch of inflation and jobs
00:31reports to decode what the Fed may do next.
