Marketplace · Thursday, August 6, 2026
Federal Reserve statements under Chair Warsh now include a declarative, yet vague, pledge to deliver price stability. Experts suggest this phrasing, lacking a clear definition, might be tailored for an audience of one, possibly President.
“So they're very declarative that they're going to deliver price stability. With no definition of price stability.”
“I think this statement that the committee will deliver price stability, declarative, forceful, yet vague, uh, is as they often say, perhaps for an audience of one.”