Fed Chair Kevin Warsh, in his first Jackson Hole speech, said he is committed to
"discipline, not a decision." He said Fed policymakers take their
responsibilities seriously, that "many things depend on the choices we make,"
and that effective, sound monetary policy supports household and business
prosperity, can broaden and deepen the economy's growth momentum and help
consolidate U.S. leadership. "Our country needs us to think deeply and act
wisely," he added.
