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EconomyWall St muted after Fed Chair Warsh's speech; AI rally cools

Wall Street’s main indexes were subdued on Friday after Federal Reserve Chair Kevin Warsh reiterated his focus on returning inflation to the central bank’s 2% target. A rally fueled by artificial intelligence stocks in the previous session also faded.

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People in this report Kevin Warsh

RReuters★★☆☆☆2026-08-28 15:10Original

Wall St muted after Fed Chair Warsh's speech; AI rally cools
Wall St muted after Fed Chair Warsh's speech; AI rally coolsEconomy