July 15 (Reuters) - Federal Reserve Chairman Kevin Warsh on Wednesday told U.S. lawmakers he feels the Fed is not meeting its price stability mandate, but declined to give any color on how or when he would address the issue, acknowledging a "non-exclusive list of options" that could include a rate hike, a hold or a cut.

"We're going to look at our tools and the changing economy, both balance sheet and interest rate, and see whether we need to adjust policy to take it head on," Warsh said.