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Sunday, November 8, 2026 · UTC
The Markets

Fed Chair Warsh Signals September Rate Hike as Markets Selloff Intensifies

Chairman Kevin Warsh's Jackson Hole speech reinforced aggressive inflation fighting, pushing September rate hike odds to 57% and triggering a broad market decline.

Marcus Vance
Markets Reporter
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As of 2026-08-31 18:42 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Federal Reserve Chair Kevin Warsh stated at the Jackson Hole symposium that the central bank must act more aggressively if policymakers are not confident that core inflation is returning to its 2% target [6].