Mr. Market doesn’t think so:

Warsh Doubled Down On Jawboning Even As the Fed Fights Over Rate Hikes
Warsh’s War On Inflation Starts With Jawboning
From Sticky to Streaky, Inflation Looms Larger
Powell: Inflation Is Uncertain and the Forecasts Lack Conviction
Diesel Fuel Prices Surge Toward Levels Seen in the Last Two Inflation Shocks