Warsh says US economy has strengthened, inflation is the problem
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Federal Reserve Chairman Kevin Warsh arrives to hold a press conference following a two-day meeting of the Federal Open Market Committee (FOMC) at the Federal Reserve in Washington, D.C., U.S. September 16, 2026. REUTERS/Evan Vucci
Sept 16 (Reuters) - Federal Reserve Chairman Kevin Warsh said on Wednesday that the U.S. economy has strengthened since Fed policymakers last met in June, with a labor market essentially running at full employment, while inflation trends have shown little improvement.
"Even over the last several weeks, I think we now have data broadly defined that says the economy has indeed strengthened," Warsh told a news conference after the Fed hiked rates. "Underlying growth is higher. Inflation is the problem. Stable prices have been the problem for more than five and a half years."
(Reporting by David Lawder; Editing by Chizu Nomiyama)
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