Central News Agency SINTRA, Portugal (CNA) - As the United States grapples with inflation exacerbated by the war in Ukraine, U.S. Federal Reserve Chairman Kevin Warsh stated today that the Fed is committed to curbing "excessive" price increases. According to Agence France-Presse, Warsh spoke at the European Central Bank Forum on Central Banking held in Sintra, a town near Lisbon, Portugal. He was seated alongside several other major central bank governors. This marks Warsh's first appearance on the international stage since taking over as Fed Chairman in May. CNBC reported that in addition to Warsh, European Central Bank President Christine Lagarde, Bank of England Governor Andrew Bailey, and Bank of Canada Governor Tiff Macklem also attended the forum. Warsh stated, "We look around and we see excessive prices, and I don't think I'm the only one on this stage who is again committed to achieving price stability." He added, "We will achieve price stability in the United States. That is precisely the job that this committee (Federal Open Market Committee, FOMC) is committed to doing." Furthermore, Warsh demonstrated solidarity with other major central bank heads at the ECB Forum on Central Banking, emphasizing their consistent stance on monetary policy. Warsh remarked, "I am honored to be on the stage with three colleagues who have been fighting this battle (against inflation) for 15 to 20 years, with or without my participation." He praised his global central banking colleagues for their willingness to return to basic principles, stating, "We all want to do our best to make the best decisions." (Compiled by Chen Cheng-chien) 1150702 Stand with the facts. Every contribution you make supports the power of press freedom. Download the CNA "First News" APP to get the latest information in real-time. The text, images, and videos on this website may not be reproduced, publicly broadcast, publicly transmitted, or used without authorization.