Kevin Warsh

But what we can do and will do is ensure that any change in relative prices don’t broaden out, don’t have second and third order effects on the economy.

Part of the independence of the Federal Reserve is we stay in our lane.

Too many categories are still posting increases above 3 percent on both a six and 12-month basis.

The plain fact is that inflation is too high, and has been for too long.

The Fed will have 'work to do' if price pressures do not ease.

In general, though, people who want to work, by and large, are holding or finding jobs.

There are always areas of concern in the labor market—for example, among recent graduates.

At the moment of truth, there are either reasons or results.

Short-term interest rates are the predominant tool the Fed can use to lower inflation.

Inflation data are more concerning than trends on the job market.

Otherwise, we have work to do.