Kevin Warsh Turns Hawkish: September Rate Hike Odds Jump to 55%
August 28, 2026
Federal Reserve Chair Kevin Warsh delivered a hawkish message at Jackson Hole, warning that the Fed still has “work to do” if underlying inflation does not move toward its 2% target clearly and quickly. He also argued that current financial conditions may not be restrictive enough, keeping further rate increases on the table.
Markets reacted sharply. According to the latest CME…

