Warsh sets standard that underlying inflation must move clearly and at sufficient speed to objective.
“So here is my standard. We must be confident that underlying inflation is moving to our objective clearly and at sufficient speed.”
Warsh sets standard requiring confidence that underlying inflation is moving to objective at sufficient speed.
“We must be confident that underlying inflation is moving to our objective clearly and at sufficient speed. Otherwise, we have work to do.”
Warsh sets standard requiring clear evidence of inflation moving to target at sufficient speed.
“We must be confident that underlying inflation is moving to our objective clearly and at sufficient speed. Otherwise, we have work to do.”