S&P, Nasdaq end lower after Fed Chair Warsh reaffirms inflation fight

S&P, Nasdaq end lower after Fed Chair Warsh reaffirms inflation fight

Fed Chair Warsh not ruling out interest rate hike amid inflation concerns

Federal Reserve Chair Kevin Warsh said there is still work to do on inflation. At the Fed's annual economic symposium in Jackson Hole, Wyoming, Warsh also said that although he is not committed to a rate hike, he is not ruling it out. Amna Nawaz discussed more with Nick Timiraos of The Wall Street Journal.

Fed Chairman Warsh Seeks to Calm Elevated Inflation Concerns

In a high-profile speech, Kevin M. Warsh said the Federal Reserve was chiefly responsible for taming inflation. If price increases do not return to the central bank’s target quickly, “we have work to do,” he said.

Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge

Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.

Fed will have "work to do" if inflation doesn't fade, Warsh says

Fed chief Kevin Warsh said in a closely watched speech that inflation remains a concern, while praising the broader U.S. economy.

Kevin Warsh sharpens inflation warning at Jackson Hole, signaling possible rate hike

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

Fed Chair Warsh Calls AI a 'Hinge Point in History'—4 Key Things He Said

Fed Chair Warsh devoted a full section of his speech today at Jackson Hole to AI's weight on the economy. Here are the biggest takeaways.

Warsh’s Big Test at Jackson Hole

Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.

Fed Chairman Warsh expresses concern about inflation, advocates for 'quieter' central bank

He used the speech to outline his philosophy on policymaking while carefully sidestepping any signals

Fed chair says delivering ‘stable prices’ is central bank’s job as inflation persists

However, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn The US Federal Reserve is not done fighting high inflation, its chair, Kevin Warsh, said in his first major speech in the role on Friday, emphasizing that it was “the Fed’s job to deliver stable prices”. Warsh did not indicate where the Fed will take interest rates in the coming months, despite US inflation remaining stubbornly above the central bank’s 2% target amid the war in Iran. But his speech was taken by markets as a signal that rates may rise in the coming months, a move th...

Bitcoin dips to $78.4K as Fed’s Warsh downplays softer inflation prints

Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US inflation trends.

Bitcoin Traders Watch Fed Chair Warsh for Clues—And Get Nothing

Fed Chair Warsh's first Jackson Hole keynote doubled down on giving markets zero rate hints as inflation runs hot and Bitcoin traders wait on September's call.