Kevin Warsh came across as somewhat hawkish after his first policy meeting as the Fed’s new chief

Speaking after holding rates steady at 3.5%-3.75%, Warsh repeatedly asserted his goal of getting inflation back to the Fed’s 2% target. “The commitment to deliver is strong, unanimous and unambiguous,” he said in response to a reporter’s question. “And that’s, I think, an important message. We missed for five years, and we’re going to fix that.”