Frederic Mishkin on his expectations for Fed Chairman Kevin Warsh

Federal Reserve Chairman Kevin Warsh has said that inflation is a “choice.” The same could also be true of how inflation is measured. While the central bank has its own favorite metric courtesy of the Commerce Department, the public data base is rife with other gauges of how price pressures are best viewed. It’s likely that many of them will get a serious ...

WARSH: HAVE NOT CHANGED VIEW ON BALANCE SHEET IN FIRST FOUR WEEKS AT FED Fed's Warsh: It's no secret I wanted the Fed's balance sheet to be smaller. Fed's Warsh: Fed will remain independent after the Supreme Court.

Fed's Chair Warsh: We're in the price stability business. FED'S WARSH: LABOR MARKETS ARE STEADY || SUPPLY SIDE SOLID FED'S WARSH: INFLATION RISKS HAVE COME DOWN FED'S WARSH: WE'LL BE AN INDEPENDENT CENTRAL BANK FED'S WARSH: NO CHANGES IN INDEPENDENCE Fed's Chair Warsh: If models are an obstacle to good policy, get rid of them.