Kevin Warsh, the Federal Reserve chairman, speaks during a news conference in Washington, June 17, 2026. New inflation data showing a modest easing of price pressures in July has given the Federal Reserve some breathing room as it considers raising interest rates at its policy meeting next month. (Anna Rose Layden/The New York Times) By COLBY SMITH New inflation data showing a modest easing of price pressures in July has given the Federal Reserve some breathing room as it considers raising…
