Federal Reserve official Kevin Warsh says there is no softer or implicit inflation target, and that the only target is 2%. Speaking during a press conference in Washington, Warsh emphasizes that the fight to bring inflation down is just beginning. He reiterates that the Federal Reserve does not use an additional or graduated inflation goal—either explicitly or informally—stating that there is “no soft inflation target” and “no soft implicit target” on the committee’s watch. Warsh also stresses that the central point of reference for inflation policy is a single numeric goal: 2%. The comments are presented as a clarification of the Fed’s inflation framework rather than a change to the stated target itself. Overall, the outlets report Warsh’s message that policy decisions are tied to the 2% inflation objective and that the Fed does not plan to treat it as flexible or conditional.