Fed Chairman Kevin Warsh: Today's decision shows we will deliver on the price stability objective

• Warsh emphasizes the Federal Reserve's commitment to delivering price stability.
• He clarifies that the longer-term inflation projections (out to 2029) are not his personal forecasts but those of his colleagues.
• Warsh states that today's policy action demonstrates the Fed's seriousness in achieving its 2% inflation target on a timelier basis.

Federal Reserve Governor Kevin Warsh discusses the central bank's commitment to achieving price stability following a 25 basis point rate hike. He reaffirms the Fed's dedication to bringing inflation down in a timely manner, despite acknowledging varying economic projections among FOMC members.