Fed Chair Warsh says financial conditions are hard to call restrictive

Federal Reserve Chair Kevin Warsh said it is hard to view overall financial conditions as restrictive at present, adding that this view is widely shared within the Federal Open Market Committee. Warsh also said the current FOMC will achieve its price stability goal, while unemployment remains low and the labor market is in solid shape, with jobs and hours worked increasing. He added that the economy continues to show resilience.