Fed Chairman Warsh: Not going to fix inflation with a magic wand

Hi, Ann Safir with Reuters. Nice to see you again. Um, so I need a little help here, too.You've you've said repeatedly you have no tolerance for inflation. Um, and yet we are seeing above target inflation repeatedly for 5 years and through your term so far. And sure, you have no magic wand, but you have not taken action.You just gave us a little peek at your reaction function as well. You said that if underlying inflation is rising that you would tend to uh think that you might need to tighten and with the ...