Kevin Warsh

speaker
277 appearances 3 recordings 1 series first heard Jul 2026 last heard 6d ago

Kevin Warsh’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Sep OctJan 26AprJulnow

Recordings per month over the last 12 months — 3 in all, peaking in Sep 2026 with 1.

Appearances

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And other factors most relevant to the proper conduct of monetary policy, they change over time. matched
Providing forecasts to illustrate the Fed's reaction function works better in theory than in practice, better in the lab than in the field. matched
I am not alone in noticing that forward guidance in 2021, to cite just one example, might well have slowed the policy response to high inflation. matched
In my term as chairman, my colleagues and I will endeavor to construct more reliable models matched
more robust rules. matched
And we'll do this knowing that accuracy in forecasting is still just an aspiration. matched
With so much changing so fast in our geopolitics, global supply chains, technology, it's wise to be modest about what we can and cannot know as we sit here today. matched
In the same spirit, we should receive the full range of ideas on matters that may inform the Fed's monetary policy discussions. matched
If the aim is optimal decision making, and it should be, we should not crowd out views on the economy. matched
How then to chart a better path to policy? matched
In the balance of my remarks, I will share with you some key principles that guide my thinking on the appropriate conduct of monetary policy. matched
And then I'll offer my promised assessment of the economy. matched
So let's turn first to principles. matched
First, I've noticed in this line of work, yesterday's news has a way of getting mistaken for what's happening right now. matched
The challenge is to know the difference. matched
In other words, we must interrogate reality. matched
Make sure we're not setting forward-looking policy based on stale or inaccurate data. matched
Nor should we rely on isolated data points. matched
Trends matter most. matched
The Fed's a decision-making agency. matched
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