Fed Chair Warsh (Q&A): Asked about how restrictive policy is, says "it is uneven", perhaps due to different transmission mechanisms

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Fed Chair Warsh (Q&A): Asked about future of press conferences, can be a very useful way to communicate; but when you have one, you want to have something important to say

Fed Chair Warsh (Q&A): Asked about dot plot, thinks colleagues understand the world is changing quickly, did not feel bound by their dots. Did not hear a lot of conviction on dot plots

Fed Chair Warsh (Q&A): Asked about how restrictive policy is, says "it is uneven", perhaps due to different transmission mechanisms

Fed Chair Warsh (Q&A): Has capability and commitment to deliver price stability and 2% goal

Fed Chair Warsh (Q&A): Timeline of task force reviews will depend on which topic, expects to begin work in next couple of weeks, hopes to be concluded by year-end on all points

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  • Policy appears restrictive from the housing market, but not financial markets.
  • Hard to say policy is restrictive anywhere but in housing. 

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