Inflation's New Sheriff: A Fresh Mandate for the Fed The Federal Reserve has undergone significant changes under new leadership, and one thing is clear: Kevin Warsh has signaled a shift in focus.
Gone are the days of mere price stability; the new Fed chair has made it clear that timely moderation of inflation is now the primary concern.
Warsh's remarks at the Jackson Hole economic symposium on August 28 marked a departure from the previous approach.