[Wash: Strong US Economic Activity, Committee Will Achieve Price Stability] BlockBeats reports that on October 29th, Federal Reserve Chairman Warsh held a monetary policy press conference: US economic activity is expanding strongly. Domestic spending has remained resilient. Productivity is strong, and capital investment is robust. However, inflation remains high. The Fed believes that more information will help the FOMC determine its stance. The FOMC will achieve price stability. Economic growth is strong.