Fed Chair Stays Silent on Inflation | Irvine News

Presented by The Plant Daddies — rare specimen trees, living art, and hand-carved limestone vessels and fountains for extraordinary spaces. Showrooms in Los Angeles and Irvine. Listeners of Irvine News Today receive 10% off with code LANEWS10. theplantdaddies.com/lanews Fed Chair Kevin Warsh kept a tight lid on details during his second day of testimony, brushing off upbeat inflation data and dodging questions about his relationship with President Trump. Despite fresh numbers showing cooling wholesale prices, a drop in consumer prices for the first time in six years, and a dip in yearly inflation to 3.5%, Warsh called the metrics “imperfect” and insisted he’s relying on his own Fed task force for deeper analysis. He reaffirmed his independence, refusing to bend to political pressure—even as Trump pushes for lower rates—and declined to confirm any private conversations with the president, emphasizing his commitment to staying neutral and data-driven. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8539006ea82911e9