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Thoughtful Money with Adam Taggart · Thursday, September 17, 2026

Fed Chair's Assurance: No Need to Harm Labor Market

In his closing remarks, Fed Chair Kevin Wash stated that he does not believe it is necessary to harm the labor market to achieve the Federal Reserve's objectives. This statement was noted as potentially significant but surprisingly did not seem to elicit a strong market reaction.

personKevin WashcompanyFederal Reserve

The tape

1 quote
“I don't think we need to harm the labor market or need to do harm to the labor market to achieve our objective um maybe that will get quoted somewhere I haven't seen anybody pick up on it I also didn't see the market react to it which surprised me because”
Heard on Thoughtful Money with Adam Taggart — “SPECIAL REPORT: Fed Hikes Rates! | Axel Merk”, published Thursday, September 17, 2026. Heardvine summarizes and quotes with attribution and timestamps, and links to the original everywhere.
Transcribed via Gemini audio transcription · $0.07
Fed Chair's Assurance: No Need to Harm Labor Market — Heardvine