# Fed's Warsh: 'There is no soft inflation target. There's only 2%.'

> Source: <https://ca.finance.yahoo.com/video/feds-warsh-there-is-no-soft-inflation-target-theres-only-2-190632800.html>
> Published: 2026-07-29 19:06:32+00:00

Fed Chair Kevin Warsh announced the Federal Reserve's 9–3 decision to maintain interest rates at 3.5%–3.75%, emphasizing a strict 2% inflation target while highlighting strong economic resilience driven by a near-20% surge in AI-related tech spending.