Fed Chairman Warsh Says Inflation Risks Have Come Down, Vows to Remain Independent

• Labor markets are steady, with solid demand and strong supply-side factors including capex and productivity.
• Inflation expectations and inflation risks have come down over the past four weeks.
• The central bank is committed to delivering price stability in the US and will maintain its independence.

Federal Reserve Chairman Kevin Warsh provides an economic update, noting steady labor markets, solid demand, and strong supply-side factors like capex and productivity. He emphasizes the central bank's commitment to price stability, highlighting that inflation expectations and risks have recently decreased, and reaffirms the Fed's independence in achieving its mandate.