Kevin Warsh at a crossroads as Fed grapples with inflation

Kevin Warsh at a crossroads as Fed grapples with inflation  The Times

Fed Chairman Kevin Warsh said the country's focus should be on lowering prices as inflation continues to stay elevated Friday at the Fed's symposium.

After confusing markets at his July press conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view of the case for higher interest rates.

Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a path going forward.

At the annual Jackson Hole symposium in Wyoming on Friday, Warsh praised the American economy's 'overall performance' but hinted that the US central bank may need to act to curb high inflation.

At the annual Jackson Hole symposium in Wyoming on Friday, Warsh praised the American economy's 'overall performance' but hinted that the US central bank may need to act to curb high inflation.

But make no mistake: "We should not indulge a regime in which market participants are looking primarily to the Fed for their next trade."

Federal Reserve Chair Kevin Warsh said measures of inflation are still elevated, but it is not yet clear that the Fed must take action to address rising prices.

Speaking at the Kansas City Fed's annual symposium in Jackson Hole, Warsh said the central bank remains squarely focused on bringing inflation to heel

Fed Chair Kevin Warsh Says Inflation Still Too High In First Jackson Hole Speech  Forbes

Kevin Warsh Gives Most Detailed Comments Yet On Fed's Inflation Efforts  HuffPost