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Wholesale prices fell in June for the first time in 10 months largely due to lower gas prices, but it's unclear if the recent slowdown in inflation will persist in light of renewed hostilities between the U.S. and Iran.
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In remarks prepared for the appearance, Warsh promised a vigilant fight to return inflation to the Fed's 2% target.
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Asian stocks gain on drop in US inflation rate ReutersBig Banks' Profits Surge in Red-Hot Quarter WSJStocks gain on softer inflation, bank results while oil rises on US-Iran hostilities Yahoo FinanceAsian shares rise after rally on Wall Street as data show US inflation slowing 10TVA Mar
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