Warsh raises stakes for Fed’s next meeting and other takeaways from Jackson Hole conference

Fed Chair Kevin Warsh arrives at the annual Jackson Hole Economic Policy Symposium on Friday, Aug. 28, 2026, in Moran, Wyo. (AP Photo/Amber Baesler)

Fed Chair Kevin Warsh, left, Bank of England Governor Andrew Bailey, middle, and Bank of Canada Governor Tiff Macklem arrive at the annual Jackson Hole Economic Policy Symposium on Friday, Aug. 28, 2026, in Moran, Wyo. (AP Photo/Amber Baesler)

WASHINGTON (AP) — Federal Reserve Chair Kevin Warsh renewed his inflation-fighting credentials in a speech Frida y that opened the door to potential rate hikes in the coming months.

In doing so, Warsh 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, to be released just days before the meeting, could play an outsize role in determining whether the central bank acts.

Warsh’s high-profile speech at the Fed’s annual Jackson Hole economic conference was mostly praised afterward by economists and other Fed policymakers in attendance. Still, there was also some pushback and criticism during the first day of the conference. It ends Saturday.

Here are some takeaways from the conference so far:

While Warsh opened the door to raising…

Original source: https://apnews.com/business