Kevin Warsh
speaker
24 appearances
2 recordings
1 series
first heard Jul 2026
last heard 4d ago
Kevin Warsh’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 2 in all, peaking in Sep 2026 with 1.
Appearances
The David Pakman Show · Trump erupts as Fed raises rates and TX Senate race stuns · 17 Sep 2026
podcast
So the labor side of the Fed's congressional remit is in good shape.
Yet for more than five years, inflation has been running above target.
So our predominant focus is on the price stability side of our mandate.
The plain fact is that inflation is too high and has been for too long.
This summer's inflation readings do not tell me that underlying trends have meaningfully improved based on the most recent CPI and PPI
them?
I've got nothing for you on a discussion with the president.
As before, the policy statement conveys just the facts.
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It's steering clear of forecasting, a choice we consider especially prudent at these uncertain times.
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Uncertainty, however, does not mean a lack of clarity.
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For some households, businesses, and market professionals, five years of high inflation have left a mistaken impression that's hard to shake, that the Fed's implicit inflation target was somehow above 2%.
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Let me reiterate, there is no soft inflation target.
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There is no soft implicit target, not on this committee's watch.
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There's only a target and it's 2%.
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Not one of my FOMC colleagues is under any illusion.
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We have begun a new chapter and we understand that the five plus years of inflation above target cannot be cured in nine weeks or by a single month of modest price decreases.
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The economy is showing impressive resilience.
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Even with recent shocks, the trends are positive and reveal solid growth.
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Job gains have kept pace with the workforce and the unemployment rate has changed little.
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Inflation remains elevated relative to the committee's two percent goal.
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