Warsh May Tackle Inflation in New Way: Fmr. Fed Governor

Former Federal Reserve Governor and former Wells Fargo chair Betsy Duke analyzed the recent inflation data, noting that headline and core inflation figures came in as expected but remain concerning for everyday consumers. She emphasized that while the Federal Reserve committee is unlikely to take immediate action at the next meeting, the persistent rise in living costs—especially energy prices—continues to outpace wage growth, creating financial strain for many households. She speaks with Romaine Bostick & Katie Greifeld on "The Close." (Source: Bloomberg)