Federal Reserve Chair Kevin Warsh has increased pressure on the central bank. A speech by Warsh has opened the door to possible interest rate increases. This move is seen as a way to fight inflation.

The central bank's next meeting is scheduled for mid-September. The outcome may depend on upcoming price reports. Economists and policymakers have reacted to Warsh's speech.

Further details about the speech and reactions to it are available. The event where Warsh spoke is an annual economic conference that ends on Saturday.