Federal Reserve Chairman Kevin Warsh tells policymakers at the Jackson Hole Economic Policy Symposium that inflation is not meaningfully slowing. He warns that, if officials are not confident inflation is easing, the Fed has “work to do,” framing the message as a call for continued policy action.
Warsh reiterates that the Fed’s 2% inflation goal is a “firm and fixed” target and says policymakers will return inflation to that level. Bloomberg reports his remarks as part of a clearer inflation and policy priority statement, while other outlets note the timing amid scrutiny of Warsh’s communications approach. One Bloomberg segment also includes reactions that range from agreement with the clarity of his assessment to skepticism from some observers and market participants, alongside broader discussion of economic policy themes, though the core inflation message remains consistent across coverage.
Overall, the outlets agree on the substance: Warsh signals persistent inflation pressure, emphasizes the need for confidence in inflation trends, and restates the Fed’s commitment to returning inflation to 2%.
