Board of Governors of the Federal Reserve System (monetary policy; Chair speeches, testimony and press conferences)@fed · official source

Fed Chair Warsh testimony: Semiannual Monetary Policy Report to the Congress

Jul 14, 2026, 8:30 AM ET · via Federal Reserve

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Key points

These obligations are of a piece with the Fed's rightful independence in the conduct of monetary policy.
The Fed's number one objective is to get monetary policy right—or as near to it as we possibly can.
That is our clear and constant aim, the star we steer by.
While monthly price fluctuations are inevitable—especially in an unsettled world—underlying inflation over longer time horizons is determined largely by monetary policy.
The purpose here is to equip the Fed to make better decisions in monetary policy and to put these years of high inflation behind us.

Official source

Federal ReserveJul 14, 2026Official release ↗

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