EconomyUS Fed chair warns inflation progress is insufficient, hints at rate hikes
Federal Reserve Chair Kevin Warsh said at Jackson Hole that the central bank would have more work to do if it could not confirm underlying inflation was returning to its 2 percent target quickly enough. He said financial conditions did not appear restrictive enough, leaving open the possibility of rate hikes, while stressing he offered no timeline or forward guidance.
AAl Jazeera★★★☆☆2026-08-28 17:22Original
US Fed chair warns inflation progress is insufficient, hints at rate hikes
Economy