[Federal Reserve Chairman Warsh said inflation has not slowed down and vowed to achieve the 2% target] On August 28, Federal Reserve Chairman Kevin Warsh warned that inflation has not really slowed down and said that unless policymakers are convinced that this is the case, there will be "work to do." In his first long speech since taking over as head of the central bank in May, Warsh reiterated that policymakers will push for inflation to return to its 2% target. He said this is an unwavering goal. "My standard is: We have to be confident that underlying inflation is clear and moving at a sufficient pace toward our goals. If not, we have a job to do. That's our job," Warsh said Friday in a speech at the Fed's annual meeting in Jackson Hole, Wyoming. Warsh also said that the current financial environment is not restrictive and that interest rates are the Fed's "primary tool" to accomplish its mission. "While personal consumption expenditures and consumer price index data this summer were better than expected, this does not mean that the underlying trend has improved significantly," Warsh said. "Market prices indicate confidence that we can achieve price stability. And I can also assure you that they are right." Warsh went on to say that with inflation exceeding 2%, the Fed's "top priority right now should be prices." On August 27, Federal Reserve Chairman Kevin Warsh arrived in Wyoming to attend an economic policy seminar hosted by the Federal Reserve Bank of Kansas City in Jackson Hole and attend a dinner.