By Harriet Torry
Kevin Warsh told reporters that the Federal Reserve has the capability to deliver on its 2% target "and that's what we're going to do." He said the committee is "unambiguously and unanimously" committed to deliver on 2% inflation. Inflation is currently elevated because of supply shocks, he noted.
When pressed on forward guidance, he declined to offer it but said Fed policy appears to be restricting the housing market. Warsh said press conferences could be a very useful way to communicate with households and businesses, but he didn't commit to giving one after every Fed meeting going forward.
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(END) Dow Jones Newswires
June 17, 2026 14:51 ET (18:51 GMT)
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