Warsh: Inflation Target Is 2%, Measured by PCE
Warsh said there is no soft inflation target and that the target is 2%, measured by PCE.
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Warsh said there is no soft inflation target and that the target is 2%, measured by PCE.
Warsh said there is no soft inflation target and that the target is 2%, measured by PCE.
Fed projects a slow return to inflation target, but no rise in unemployment Warsh says labor market damage is not needed to restore price stability Policymakers see expectations leading to tempered price hikes Others argue demand, somewhere in the economy, will have to take a hit By Howard Schneider and Ann Saphir WASH
Fed Governor Christopher Waller said he is prepared to hold rates at the Sept. 15-16 meeting if disinflation continues, but would consider a hike if August inflation comes in hot.