Fed Chair Kevin Warsh to Address Inflation, Interest Rates at Jackson Hole Symposium
Federal Reserve Chairman Kevin Warsh is set to deliver a speech on August 28, 2026, during the Kansas City Fed's annual economic symposium in Jackson Hole. The event comes amid growing pressure for clarity from investors and policymakers regarding inflation control and future interest rate decisions. Since taking office in May 2026, Warsh has maintained a steady federal funds rate but avoided providing forward guidance or defining his 'reaction function'—the conditions under which the Fed would adjust rates. The market currently assigns about a 34% probability of a rate hike at the September FOMC meeting. Recent Treasury actions, including an expanded debt-buyback program announced by Secretary Scott Bessent, have complicated Warsh's policy stance and raised concerns among analysts. Economists are divided on whether the speech will include concrete signals or remain high-level. Warsh has established five task forces to review Fed operations across key areas such as inflation frameworks and data analysis. The Jackson Hole symposium this year focuses on 'Financial Innovation: Implications for Payments and Policy.'
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Topics: Federal Reserve Inflation Interest Rates Jackson Hole Speech