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August 28, 2026
Fed Chair Kevin Warsh Reaffirms Commitment to 2% Inflation Target and Signals Possible Rate Hike
- At Jackson Hole, Kevin Warsh stressed that elevated prices must remain the Fed's main focus, indicating a potential interest rate hike if inflation persists.
- He reaffirmed the Fed's commitment to a 2% inflation target, stating that current inflation metrics show prices are still above this goal.
- Warsh acknowledged past criticisms and clarified that short-term interest rates are the primary tool for achieving the Fed's dual mandate.
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10 Sources
- Will Warsh's Jackson Hole speech be a course correction or detour?Aug 28, 2026 at 5:11 AM · Reuters
- live: Warsh gives key speech at Jackson Hole amid inflation, bond jittersAug 28, 2026 at 1:00 PM · The Hill
- An address by Fed Chair Warsh in Jackson Hole takes center stageAug 28, 2026 at 1:23 PM · AP
- Fed Chairman Warsh expresses concern about inflation advocates for 'quieter' central bank: Watch liveAug 28, 2026 at 2:20 PM · CNBC
- Warsh indicates Fed could raise rates to cool inflationAug 28, 2026 at 2:31 PM · The Hill
- Fed Chair Kevin Warsh signals rate hikes may be needed in Jackson Hole speechAug 28, 2026 at 3:12 PM · Independent
- Fed has 'work to do' if price rises don't ease for Americans, Warsh saysAug 28, 2026 at 3:15 PM · BBC
- Fed chair addresses inflation and says central bank’s job is ‘to deliver stable prices’Aug 28, 2026 at 3:48 PM · The Guardian
- Analysis: Kevin Warsh sharpens inflation warning at Jackson Hole, signaling possible rate hikeAug 28, 2026 at 3:56 PM · CNBC
- Warsh takes ownership of inflation riskAug 28, 2026 at 4:32 PM · The Hill