Wall St inches up on megacap strength; Fed Chair Warsh reaffirms inflation fight

Wall St inches up on megacap strength; Fed Chair Warsh reaffirms inflation fight  Reuters

Federal Reserve Chair Kevin Warsh says inflation is still too high and suggested the central bank may have to raise interest rates in the coming months to bring it down, a clearer signal than he has sent before about his economic outlook

After confusing markets at his July press conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view of the case for higher interest rates.

Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated  AP News

Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have to raise interest rates soon to bring it down.

But make no mistake: "We should not indulge a regime in which market participants are looking primarily to the Fed for their next trade."

Fed Chief Kevin Warsh Hints At Interest Rate Hikes His Boss Would Probably Hate  HuffPost

The US central bank will “have work to do” if policymakers are not confident that underlying inflation is returning to its 2 per cent target, Federal Reserve Chairman Kevin Warsh said on Friday in remarks that acknowledged financial conditions do not appear restrictive and marked the closest he has come to acknowledgin

Questions about Warsh’s approach have intensified amid President Donald Trump’s continued calls for lower interest rates

Speaking at the Kansas City Fed's annual symposium in Jackson Hole, Warsh said the central bank remains squarely focused on bringing inflation to heel

Wall Street cranks up bets on September increase in borrowing costs following central bank chair’s Jackson Hole address

Federal Reserve Chair Kevin Warsh signaled on Friday the Federal Reserve is not ruling out an interest rate hike as inflation remains too high. “We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to do,” Warsh said in a speech at the Fed’s

The US central bank "will have work to do" unless inflationary pressures recede, according to its Trump-appointed chair who was under pressure to signal if interest rates would rise in response.

MarketsThe challenge lies in tamping down inflation without slowing economic growthInflation has averaged 5% for the first seven months of the year, above the central bank's 2% to 4% comfort zone. (Photo by Yuichi Shiga)RAMON ROYANDOYANAugust 27, 2026 16:03 JSTMANILA -- The Philippine central bank raised interest rates

SAITAMA, Japan (Kyodo) -- The Bank of Japan should continue to raise its key policy rate, BOJ Deputy Governor Ryozo Himino said Thursday, citing upsid

The main inflation gauge used by the Federal Reserve to set U.S. interest rates rose at an elevated rate in July, potentially pushing the Federal Reserve closer to a vote to raise interest rates next month.

European Central Bank policymakers are ready to raise interest rates at their next meeting in September to contain the side-effects of the Iran war but they have little appetite to signal further tightening after that, three sources told Reuters.

ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike Fears are growing that the Reserve Bank will hit millions of mortgage holders with a fourth rate hike this year, after inflation eased in July but by far less than expected. Consumer prices climbed by 3.5

Inflation is continuing to cool with the annual headline rate rising to 3.5 per cent in July, but some economists say it has increased the risk of another interest rate hike by the Reserve Bank of Australia this year.

Rudi Suardi/Getty Images Easing inflation may give mortgage holders a reprieve on further repayment increases for now – but maybe not for long. The consumer price index (CPI) rose 3.5% in the year to July, down from 3.8% in the year to June. But that was a smaller fall than had been predicted. The Reserve Bank of Austr

Michael Faulkender, Former Deputy Secretary of the United States Treasury,  says Kevin Warsh should reinforce his commitment to bringing inflation back to 2.0%, while arguing that energy-driven price pressures do not justify an interest-rate increase. Faulkender says the $40 trillion debt threshold may have finally foc

But experts warn of surge in food prices to come due to energy crisis and drought