July 1 (Reuters) - U.S. Federal Reserve Chairman Kevin Warsh on Wednesday said that inflation expectations and inflation risks have come down in recent weeks, even as he repeated the Fed is committed to bringing inflation down to its 2% goal.

"Expectations of inflation over the first four months, first four weeks of this period, they've come down; inflation risks have come down," Warsh said in Sintra, Portugal. "If there were people in households or the business sector, in the financial markets, who thought that this central bank was going to be comfortable with an inflation objective above 2% -- well, I guess they'd be disappointed: We're going to deliver price stability in the U.S."