'There’s No Soft Inflation Target': Kevin Warsh Defends the Fed’s Tough Stance | US News | Firstpost

Federal Reserve Chair Kevin Warsh says tackling inflation remains a top priority, declaring that the central bank will deliver price stability “no ifs, ands, or buts.” Speaking at a press conference, Warsh acknowledged that inflation remains above the Fed’s 2% target, with rising energy prices adding to the challenge. He defended the Fed’s approach, saying policymakers are assessing incoming economic data before determining their next steps on interest rates. Warsh also addressed financial…