A Natixis analyst said Warsh's speech provided guidance on the Fed's reaction function, proposing a criterion for measuring inflation progress: policymakers must be confident that underlying inflation is moving toward the 2% target at a clear, sufficiently rapid pace.

2026-08-28

A Natixis analyst said Warsh's speech provided guidance on the Fed's reaction function, proposing a criterion for measuring inflation progress: policymakers must be confident that underlying inflation is moving toward the 2% target at a clear, sufficiently rapid pace.