Federal Reserve Chairman Kevin Walsh: The dual mission of price stability and full employment does not conflict

Federal Reserve Chairman Kevin Walsh stated that the economy is stable, financial markets are functioning well, the real estate market is uneven, and inflation rates are higher than the Fed's target level. The Federal Reserve can alleviate this problem by maintaining price stability. Federal Reserve Chairman Kevin Walsh stated that he is not afraid of growth driven by productivity gains and pointed out that the labor market has shown astonishing resilience. Federal Reserve Chairman Kevin Walsh stated that the Fed will simultaneously focus on price stability and full employment, and these two missions are not conflicting. The better the Fed does in controlling inflation, the more willing employers are to hire employees. Federal Reserve Chairman Kevin Walsh said that the Fed still has work to do on inflation issues.