The chairman of the Federal Reserve (Fed) stated on Friday that inflation is "worrisome" in the United States and that he can "hardly" describe monetary policy as "restrictive," remarks indicating a certain firmness ahead of the next interest rate meeting.<\/p>
"Overall, I would hardly be able to describe financial conditions as restrictive," said Kevin Warsh in the speech he is set to deliver at the annual meetings in Jackson Hole, in the western United States.<\/p>