September, right after Jackson Hole and with a new dot plot in hand, is shaping up to be the meeting that matters,'' Goldman told TheStreet in an email. "Hikes are coming into focus as inflation runs ahead of the Fed's target. Warsh doubles down on reducing inflation riskWarsh repeated his pledge that the Fed is committed to bring inflation down to the 2% target. "For some households, businesses and market professionals, five years of high inflation have left a mistaken impression-that's hard to shake — that the Fed's implicit inflation target was somehow above 2%," Warsh told reporters. "Let me reiterate: There is no soft inflation target," he added.