At a press conference following the rate decision, Fed Chair Kevin Warsh reiterated the Fed's commitment to combating inflation. When Fed officials make their views public, he reasons, they are less likely to adjust to new information. The yield on the 10-year Treasury, for instance, has risen from around 4.50% in mid-June to 4.64% just ahead of the Fed's rate decision. Fed officials likely want to see more economic data before changing the benchmark rate. But several Fed policymakers have been arguing that the Fed will have to raise rates to return inflation to the 2% target.