Federal Reserve Chairman Kevin Walsh faced a decision-making challenge and a decision to reverse last year's interest rate reduction was still pending

According to early release In, the first meeting under the chairmanship of Federal Reserve Chairman Kevin Walsh decided to keep interest rates unchanged, but prior to the 28-29 July meeting, some colleagues raised their concerns about inflation and pushed for a higher interest rate. Walsh will lead the Committee to a consensus this week in his testimony to Congress and will have inflation data for June。