Locator: 51575FEDSPEAK.
Warsh: he didn't say a thing. In fact, it was quite embarrassing. Talking to financial analysts as if they need to be schooled on / in Econ 101. Actually, I guess it was interpreted as being very hawkish -- if inflation does not trend toward 2%, then higher rates. One might want to look at the inflation rate over the last fifty years. Much could be said.
