Federal Reserve Chairman Kevin Warsh says the central bank has “no tolerance for persistently elevated inflation,” reiterating that policymakers remain committed to bringing price growth under control. In remarks related to testimony scheduled for the House Financial Services Committee, Warsh emphasizes that the Fed has vowed to address inflation that has remained elevated for about five years. The statements are presented as a clear signal of the Fed’s stance toward inflation and its willingness to act to reduce sustained price pressures. The comments also frame the Fed’s policy approach as one of continued focus on inflation outcomes, rather than any shift toward accepting higher inflation as the new norm. The testimony is set to be delivered on Tuesday morning, according to the report.