Kevin Warsh, former member of the Board of Governors of the Federal Reserve, stated that if the institution considers that inflation is not moving towards the 2% target, "we have a job to do." The statement comes in a context of uncertainty about the inflation trajectory in the United States.
Warsh, who was economic adviser to former President George W. Bush, left the Federal Reserve in 2011. His recent statements on monetary policy have been closely followed by markets.
The Federal Reserve has a dual mandate: price stability and maximum employment. The 2% inflation target has been a guiding benchmark for the American central bank's monetary policy decisions.
Warsh's statement underlines the Federal Reserve's willingness to adjust its stance if inflation does not evolve as expected.




