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.

Trend

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

newest first · ▶ plays the moment
We make choices amid uncertainty, and the data upon which we draw must be relevant, contemporaneous, accurate, and as actionable as possible. matched
Second principle. matched
The Fed's actions are intended to ensure that the aggregate demand side of the economy is broadly consistent with aggregate supply. matched
However, all we observe directly is activity. matched
We never see and can only infer what's really happening on the supply side. matched
Hence, evaluating the current and expected balance between aggregate supply and aggregate demand is imprecise. matched
Third principle, there should be no misunderstanding. matched
Fed's price stability objective of 2%, as measured by the PCE price index, is a firm, fixed target. matched
Let me be equally clear about another aspect of this objective. matched
Price stability is not self-executing, nor is inflation necessarily mean reverting. matched
It's the Fed's job to deliver stable prices, no excuses. matched
Fourth principle. matched
The Fed also bears responsibility for maximum employment. matched
Achieving both sides of our mandate over the medium term is not an either or proposition. matched
I do not believe the Fed's dual mandate works at cross purposes. matched
After all, high inflation itself is very harmful to economic prosperity. matched
Fifth principle, short term interest rates are the predominant tool matched
to achieve the dual mandate. matched
Unconventional policies to spur economic activity may suit genuine crises of which we all have much experience, but they should otherwise be used sparingly if at all. matched
Sixth, money matters. matched
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