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Warsh Says There Is No Soft Inflation Target

Warsh says inflation target is 2%, measured by PCE

Warsh said there is no soft inflation target and that the target is 2%, measured by PCE.

Fed again hoping for a pain — free landing from current inflation spike

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

Warsh hawkish Jackson Hole remarks drive rate-hike bets

Kevin Warsh used his first Jackson Hole keynote to reaffirm a 2% PCE target and say conditions are not restrictive, pushing markets to price more September rate-hike risk.

Warsh heads to Jackson Hole as traders eye inflation, AI remarks

Traders expect Warsh’s Jackson Hole speech to focus on inflation, AI and Fed reform while offering little guidance on a September policy move.

Warsh Says Five-Year Inflation Fight Won’t End Fast as 30-Year Tops 5.2%: What Do Prediction Markets Say?

Federal Reserve Chairman Kevin Warsh held interest rates steady Wednesday for a fifth straight meeting, then told reporters that while the Fed "hasn’t done much in 42 days, the markets have done quite a bit." Pressed on whether the Fed was simply sitting still, Warsh insisted there was “nothing inertial” about their me

Warsh Hits the AI Trade: Here Are the 10 Biggest Losers In 30 Minutes

The Federal Reserve didn’t raise interest rates Wednesday, holding them steady at 3.50%-3.75%. Yet as markets absorbed Federal Reserve Chair Kevin Warsh’s hawkish message between 3 p.m. and 3:30 p.m. ET, some of Wall Street’s highest-flying AI stocks suffered sharp losses. Warsh’s repeated insistence that “there’s only