Kevin Warsh: “In general, though, people who want to work, by and large, are holding or finding jobs.”

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.

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

Independence is a two-way street. We let people that do trade policy and fiscal policy stay in their lane, too.