Fed’s Warsh: Full Speech at Jackson Hole Symposium
Federal Reserve Chairman Kevin Warsh addressed the Jackson Hole economic symposium, stating that inflation has not meaningfully slowed and emphasizing the Fed's commitment to returning it to the 2% target. Warsh warned that policymakers must have confidence in inflation's decline, otherwise additional monetary policy action will be necessary. The remarks underscore the Fed's determination to achieve price stability despite current economic challenges.
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Fed’s Warsh: Full Speech at Jackson Hole Symposium
Federal Reserve Chairman Kevin Warsh addressed the Jackson Hole economic symposium, stating that inflation has not meaningfully slowed and emphasizing the Fed's commitment to returning it to the 2% target. Warsh warned that policymakers must have confidence in inflation's decline, otherwise additional monetary policy action will be necessary. The remarks underscore the Fed's determination to achieve price stability despite current economic challenges.
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