Kevin Warsh: “The central bank's priority is to "keep inflation moving down" while avoiding unnecessary shocks to the economy.”

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

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.

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