❗️🇺🇸 WARSH:
INFLATION DATA DOES NOT SHOW SIGNIFICANT IMPROVEMENT IN THE TREND
IF THE SITUATION DOES NOT CHANGE, THE FED WILL HAVE WORK TO DO
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Warsh spoke in a hawkish tone, stating that price stability must remain the Fed's priority. Warsh said summer inflation data improved, but underlying trends have not changed materially. The Fed must be confident inflation is returning to target — or "we have work to do." He confirmed the 2% annual inflation target is "hard and fixed."
August 28, 2026 361
