Warsh Sets Stage for Potential Rate Hikes at September Fed Meeting

Federal Reserve Chair Kevin Warsh renewed his inflation-fighting credentials in a speech at the Jackson Hole Economic Policy Symposium on Friday, August 28, 2026. This move has put more pressure on the central bank to increase interest rates when it next meets in mid-September if inflation doesn't improve.

The government's next price report, set to be released just days before the meeting, could play a significant role in determining whether the Fed acts. Warsh's high-profile speech has increased the stakes for the upcoming meeting, with the potential for rate hikes on the table.