Kevin Warsh
ON THE RECORD · 30 verbatim quotes · every quote source-verified
“Ensuring continuous, sustainable, durable, economic growth, that's the business we're in,”
Kevin Warsh · said date not stated · reported 2026-09-24
Warsh said the Fed's business is ensuring sustainable economic growth, signaling he wants to tamp down inflation risk without inducing a recession.
“the most important asset anywhere in the world”
Kevin Warsh · said date not stated · reported 2026-09-24
Warsh called the 10-year Treasury the most important asset in the world at his most recent news conference.
“too high ... for too long.”
Kevin Warsh · said date not stated · reported 2026-09-23
Fed Chairman Warsh said at a news conference after the September rate hike that inflation has been too high for too long.
“Today’s action starts to show that we’re serious about this,”
Kevin Warsh · said 2026-09-16 · reported 2026-09-19
Warsh said this at the press conference after the Fed's unanimous decision to raise interest rates for the first time in three years.
“useful academically. It's a discussion to help us think about policy. Do I think it has any operational effect of decisions that we make today? No, I don't.”
Kevin Warsh · said 2026-09-16 · reported 2026-09-18
Asked by CNBC's Steve Liesman about where the current rate sits relative to neutral, Warsh said measuring against neutral has no operational effect on decisions.
“inflation is too high and has been for too long”
Kevin Warsh · said date not stated · reported 2026-09-18
Fed Chair Kevin Warsh explained the Federal Reserve's decision to raise interest rates for the first time in over three years.
“a dose of accommodation.”
Kevin Warsh · said 2026-09-16 · reported 2026-09-18
Warsh described the Fed's decision to lift its benchmark rate by a quarter percentage point as removing accommodation rather than tightening policy.
“We cannot affect any individual price, whether it be oil prices, whether it be foodstuffs at the grocery store. But what we can do and will do is ensure that any changes in relative prices don't broaden out,”
Kevin Warsh · said 2026-09-16 · reported 2026-09-17
Warsh said the Fed cannot control individual prices but will ensure relative price changes do not spread through the economy.
“There's no hiding from hot spots around the world, and our judgment about what is the most likely or least likely of the geopolitical situation has changed,”
Kevin Warsh · said 2026-09-16 · reported 2026-09-17
Warsh cited the war in Iran and global geopolitical risks as factors behind the unanimous rate hike decision.
“The plain fact is that inflation is too high, and has been for too long,”
Kevin Warsh · said 2026-09-16 · reported 2026-09-17
Warsh stressed the Fed wants a timelier approach to curb price increases after announcing a rate hike.
“Our predominant focus is on the price stability side of our mandate,”
Kevin Warsh · said date not stated · reported 2026-09-16
Fed Chairman Kevin Warsh said at his press conference that policymakers are not happy with the current pace of inflation.
“in tracking underlying inflation, wage growth has not proven a reliable indicator of future inflation for a very long time.”
Kevin Warsh · said date not stated · reported 2026-08-30
Federal Reserve Chairman Kevin Warsh spoke about the relationship between wage growth and inflation.
“both Main Street and Wall Street have been remarkably resilient,”
Kevin Warsh · said date not stated · reported 2026-08-30
Federal Reserve Chairman Kevin Warsh commented on the economy during his Jackson Hole keynote address.
“As of now, I believe the labor markets are consistent with full employment. But on the price-stability side of our mandate, the numbers are more concerning.”
Kevin Warsh · said date not stated · reported 2026-08-30
Federal Reserve Chairman Kevin Warsh discussed labor market conditions and price stability during his Jackson Hole address.
“not tell me that underlying trends have meaningfully improved”
Kevin Warsh · said 2026-08-28 · reported 2026-08-28
Warsh added that the data does not tell him that underlying inflation trends have meaningfully improved.
“It’s the Fed’s job to make sure that inflation expectations do not get unanchored.”
Kevin Warsh · said 2026-08-28 · reported 2026-08-28
Warsh said it is the Fed's job to ensure inflation expectations do not become unanchored.
“have work to do”
Kevin Warsh · said 2026-08-28 · reported 2026-08-28
Warsh said the US central bank will still have work to do if policymakers are not confident that underlying inflation is returning to its 2 percent target.
“Progress over the past two years has been modest,”
Kevin Warsh · said 2026-08-28 · reported 2026-08-28
Warsh said progress on inflation over the past two years has been modest while addressing the PCE index.
“Here is my standard: We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed,”
Kevin Warsh · said 2026-08-28 · reported 2026-08-28
Warsh stated his standard for underlying inflation moving toward the Fed's objective during an address at the Jackson Hole economic symposium.
“Short-term interest rates are the predominant tool to achieve the dual mandate,”
Kevin Warsh · said 2026-08-28 · reported 2026-08-28
Warsh described short-term interest rates as the predominant tool to achieve the dual mandate in remarks delivered on Friday.
“Market participants are learning to play the ball, not the referee — and market prices will continue to respond in the direction and magnitude they see fit,”
Kevin Warsh · said date not stated · reported 2026-08-25
Warsh said after the July Fed meeting that market participants are learning to play the ball, not the referee.
“focused on bigger questions”
Kevin Warsh · said date not stated · reported 2026-08-24
Warsh indicated his Jackson Hole speech could address broader topics such as productivity and demographics rather than dropping hints about rate decisions.
“that may or may not inform anything I have to say in Jackson.”
Kevin Warsh · said date not stated · reported 2026-08-23
Kevin Warsh discussed how task force findings might influence his Jackson Hole speech.
“The Treasury secretary would need to find the proposed change in Fed holdings acceptable, given that it is partially fiscal policy in disguise,”
Kevin Warsh · said date not stated · reported 2026-08-20
Warsh proposed giving the Treasury more say over major changes to the Fed's balance sheet.
“Fed independence is at its peak in the conduct of monetary policy,”
Kevin Warsh · said date not stated · reported 2026-08-20
Warsh made this remark at his Senate confirmation hearing regarding the limits of Fed independence.
“held roughly every two months”
Kevin Warsh · said date not stated · reported 2026-08-19
Warsh reportedly floated reducing the FOMC meeting schedule from eight to six meetings a year, per the minutes.
“The goal is straightforward: to ensure the Fed is best positioned to achieve our objectives in this consequential time.”
Kevin Warsh · said 2026-07-09 · reported 2026-07-09
Warsh spoke about the purpose of the newly announced task forces reviewing the Fed's operations.
“I am honored that the best minds from a range of disciplines have agreed to work with us to sharpen our performance as an institution,”
Kevin Warsh · said 2026-07-09 · reported 2026-07-09
Warsh released the names of experts who will comprise five task forces to examine the Federal Reserve's operations.
“start with first principles; ask hard questions; examine current practice; consider alternatives; and, ultimately, propose next steps for policymaker consideration.”
Kevin Warsh · said date not stated · reported 2026-07-09
Warsh initially announced the task forces last month, outlining the approach the groups would take.
“resolve to pursue our mandate with rigor.”
Kevin Warsh · said 2026-07-09 · reported 2026-07-09
Warsh said in the Thursday announcement that the Fed has resolve to pursue its mandate with rigor.