Fed Chair Kevin Warsh delivers first Jackson Hole speech, signals hawkish tightening stance

Fed Chair Kevin Warsh delivered his first Jackson Hole speech on August 28, 2026, signaling a hawkish stance by stating inflation is not slowing and that broad financial conditions are not restrictive, while hinting at tightening policy to bring inflation back to the 2% target. Following the speech, Bitcoin fell below $79,000 and the S&P 500 turned negative for the day.

Detected & updated continuously · Source: Nebula

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