Fed Chair Warsh says inflation is a choice, the Fed wants economic growth to be more broad based. Fed is committed to the inflation target and price stability.

Inflation/Growth: We have tools to deliver on inflation. Will revisit inflation frameworks to understand what causes inflation and what can be done. Not afraid of productivity-led growth. Two parts of the Fed mandates are not in conflict. Have some more work to do on the inflation front. Jobs:Labour market appears to be in good balance.Balance Sheet: Balance sheet is not merely about plumbing. Reiterates that balance sheet is part of monetary policy. Fed must stay clear of fiscal policy. Any change in balance sheet policy would be previewed, explained and broadly communicated in advance. Task Force: Task forces will share their views first with the 19 policymakers. Task forces are in discovery mode, starting with a blank sheet of paper. Independency: Are committed to conducting an independent monetary policy. Would continue with his job, if President Trump attempted to interfere. Mortgages: Mortgage rates have been higher, in part, due to inflation is above the Fed's target. Containing inflation would be consistent with lower long-term treasury yields and more affordable mortgages. Others: We do not want to be in the bail-out business, including crypto. Reforms will be forthcoming in everything at the Fed. Plan on getting rid of tax that is inflation. Being more circumspect in communications is a better way, at least for me.