Federal Reserve Chair Warsh warned that inflation has not shown a meaningful slowdown, saying policymakers must be convinced that price pressures are moving in the right direction, or the central bank「has more work to do.」 He reaffirmed the Fed's goal of returning inflation to its 2% target, which he called a clear and fixed objective. 「My standard is that we must be convinced that underlying inflation is moving toward our target, and at a pace that is clear and fast enough. Otherwise, we have more work to do. That is our job,」 Warsh said, according to ChainCatcher. He also stated that current financial conditions are not restrictive, with interest rates serving as the Fed's「primary tool」for fulfilling its mandate. The remarks were reported by ChainCatcher on Aug. 28, 2026. Warsh did not specify a timeline for achieving the 2% goal.
Federal Reserve Chair Warsh warned that inflation has not shown a meaningful slowdown, adding that policymakers must be confident inflation is moving in the right direction — or the central bank「has more work to do.」
According to a report from ChainCatcher, Warsh reiterated that the Fed will bring inflation back to its 2% target, calling it a clear and fixed objective. 「My standard is that we must be convinced that underlying inflation is moving toward our target, and at a pace that is clear and fast enough. Otherwise, we have more work to do. That is our job,」 he said.
Warsh also noted that financial conditions are currently not restrictive, and that interest rates are the Fed's「primary tool」for fulfilling its responsibilities.
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