Fed Chair signals interest rate hikes if inflation does not retreat
• Federal Reserve Chair Kevin Warsh signaled on Friday, Aug. 28, 2026, that the central bank may raise interest rates in the coming months. • Speaking at the annual Jackson Hole Economic Policy Symposium, Warsh stated that U.S. inflation remains stubbornly elevated and is still too high. • This announcement represents a clearer and more direct signal regarding his economic outlook than he has provided in previous communications.
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