Failure to act on inflation risks eroding central bank credibility, Andrew Ackerman warns. He points to Kevin Warsh’s 2008 case that the Fed’s standing rested o

Failure to act on inflation risks eroding central bank credibility, Andrew Ackerman warns. He points to Kevin Warsh’s 2008 case that the Fed’s standing rested on decades of anti-inflation vigilance, even as firms now brace for higher prices from tariffs, oil and AI demand.