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The U.S.-Iran war has pushed consumer prices upward around the world. Federal Reserve Chairman Kevin Warsh has not been explicit about how the U.S. central bank will respond. But some of his most favored phrases provide a hint. CNBC's Steve Liesman reports.
Chapters:
00:00 Introduction
00:50 Fed speak
03:12 Supply shocks
04:46 Outlook
Reporter: Steve Liesman
Produced and Edited by: Andrea Miller, Charlotte Morabito, Carlos Waters
Animation: Jason Reginato, Christina Locopo
Senior Managing Producer: Shawn Baldwin
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images
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Why Fed Chairman Warsh Says 'Inflation Is A Choice'
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