Kevin Warsh: “To borrow a line from General Chuck Yeager, 'At the moment of truth, there are either reasons or results.'”

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

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

Otherwise, we have work to do.

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