Kevin Warsh says FOMC is “ambiguous and unanimous” in first Fed chair address

Warsh says the committee “will deliver price stability” in remarks presented as his first address as Federal Reserve chairman.

Summary

Kevin Warsh said in remarks presented as his first address as Federal Reserve chairman that members of the FOMC (Federal Open Market Committee, the Fed’s rate-setting panel) are “ambiguous and unanimous” and that “this committee will deliver price stability.” The post provides only the quoted statement and does not include policy details, market reaction, or further context on the remarks.

Terms & Concepts
  • FOMC: Federal Open Market Committee, the Fed’s rate-setting panel.