Federal Reserve Chairman Kevin Warsh on Tuesday reaffirmed his commitment to both the inflation and employment mandates of the Fed.
Warsh told members of the House Financial Services Committee that the Fed has no disfavored part of its job and that price stability and maximum employment are not an either-or proposition.
He also emphasized the importance of economic opportunity for all Americans, stating that every individual needs to have opportunities to be productive for America’s growth trajectory.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
