Fed chair Kevin Warsh said the economy is solid and financial markets appear to be functioning, but the housing market is uneven, partly because inf has remained above the Fed’s target. He said maintaining price stability would help and that the Fed’s goals of price stability and full employment are not in conflict—better control of inf would make employers more willing to hire. Warsh added the labor market has shown remarkable resilience, the Fed still has work to do on inf, and it is not fearf

Fed chair Kevin Warsh said the economy is solid and financial markets appear to be functioning, but the housing market is uneven, partly because inf has remained above the Fed’s target. He said maintaining price stability would help and that the Fed’s goals of price stability and full employment are not in conflict—better control of inf would make employers more willing to hire. Warsh added the labor market has shown remarkable resilience, the Fed still has work to do on inf, and it is not fearful of AI-driven productivity-led growth.