Warsh Says Fed Will 'Stay in Its Lane'

Kevin Warsh, a former Federal Reserve governor, has stated that the Fed will 'stay in its lane' regarding monetary policy.

This comment comes after recent interest rate hikes, which have been seen as an attempt to combat inflation.

The exact meaning of 'staying in its lane' is not clear, but it suggests that Warsh believes the Fed should focus on its core mandate and avoid taking a more active role in influencing economic activity outside of monetary policy.