Fed Chair Kevin Warsh signals possible rate hikes at Jackson Hole symposium
Federal Reserve Chair Kevin Warsh delivered his first keynote address at the Jackson Hole economic symposium on August 28, 2026, warning that inflation remains above the Fed's 2% target and that the central bank has 'work to do' if price pressures do not ease. Warsh said financial conditions do not appear restrictive enough and did not rule out interest rate hikes, while reiterating his opposition to forward guidance. Bond market odds of a September rate hike rose from roughly one-in-three to above 50% following the speech.
- Washington Postfirst
- Axios+12.9 h
- Reuters+26.9 h
- Politico+28.1 h
- CNN+29.0 h
- Globe and Mail+32.1 h
- Financial Times+35.0 h
- HuffPost+35.4 h
- Newsmax+35.4 h
- The Hill+35.5 h
- Wall Street Journal+35.6 h
- South China Morning Post+36.2 h
Broad agreement on what happened
Outlets across the spectrum land in roughly the same place: the shared language is highlighted.
“Hawkish Kevin Warsh hints Fed will raise rates if inflation does not fall soon - Financial Times”FT Financial Times RIGHT-CENTER
“Warsh's Jackson Hole Inflation Vow | Bloomberg Businessweek Daily 8/28/2026” · PBS NewsHour, AP News, Globe and Mail, Axios, BBC, Politico, Al Jazeera, South China Morning Post, Bloomberg, The Hill, Reuters, Le Monde