According to CoinMeta, as reported by the Financial Times, Federal Reserve Chairman Kevin Warsh admitted to communication errors in the early stages of his tenure at the central bank, but he insists on a concise communication style. If inflation data remains strong in the coming weeks, Warsh is prepared to raise interest rates at the September meeting. He also mentioned the possibility of reducing the $6.7 trillion balance sheet, but interest rates will still be the main policy tool.