Kevin Warsh: “I’m ready to follow the law, and I’m ready for the Fed to deliver on the expansive remit that you gave us.”

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

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

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

I believe optimistically — you might think naively — at least in the United States, we’re going to come out of this stronger with a more durable economy, more capable of leading the world on economic growth.