Warsh Suggests Current Policy Not Restrictive Enough for Inflation

Central bankers and top economists gathered at the Economic Policy Symposium in Jackson Hole, Wyoming, for a highly anticipated speech by Fed Chair Kevin Warsh. In his remarks, Warsh indicated that current policy may not be restrictive enough to combat inflation, a stance that contrasts with his past views on forward guidance.

Warsh has been vocal about his dislike of forward guidance since being appointed, but some observers see his recent comments as a signal about future monetary policy. Catherine Rampell and Stacey Vanek Smith discussed Warsh's remarks and their implications for the economy in an interview with 'Marketplace' host Kristin Schwab.