Fed decisions from July to OctoberKevin Warsh, Chair of the Federal Reserve Board, has made a definitive statement indicating that there is no “soft” approach to the Fed’s inflation target. Warsh emphasized the Federal Reserve’s commitment to maintaining its long-standing 2% inflation goal, dismissing any notion of relaxing this target. Warsh’s remarks align with the hawkish stance the Fed has maintained, suggesting limited tolerance for inflation rates exceeding its established target. Key TakeawaysWarsh’s statement suggests a continued firm commitment to the 2% inflation target, consistent with no immediate rate cuts. Warsh’s remarks appear to have reduced expectations for a softer inflation target, aligning with a more hawkish monetary policy stance.