Warsh Vows to Protect Fed Independence If Confirmed as Chair

本站添加: 2026-05-05

[00:00:00]Let me be very clear.

[00:00:02]Monetary policy independence is essential.

[00:00:06]Monetary policy makers must act in the nation's interest. Their decisions the product of rigor, deliberation, and unclouded decision-making. I do not believe that independence of monetary policy is threatened when elected officials state their views on rates.

[00:00:22]Fed independence is up to the Fed. I'm committed to ensuring that the conduct of monetary policy remains strictly independent, equally committed to work with the administration and Congress on non-monetary matters that are part of the Fed's remitt. And I commit myself to accountability. While it's true that inflation is less problematic, meaning the rate of change in prices is less severe than it was some years ago, hardworking Americans are no doubt feeling it. I think that means a regime change in the conduct of policy. I think that means a different new inflation framework.