Warsh Warns Inflation Looms | Salt Lake City News

Salt Lake City News Today | 2 Min News | The Daily News Now! · Aug 29, 2026 · 1m

Federal Reserve Chair Kevin Warsh delivered his first major speech at Jackson Hole, signaling the Fed’s cautious optimism: the economy is resilient, but inflation remains stubbornly above target, keeping rate hikes on the table. Warsh emphasized that cooling numbers don’t mean the problem is solved — the central bank must be confident inflation is trending toward 2% before easing up. He praised market and consumer strength amid political uncertainty, while also spotlighting AI as a game-changing economic force still being studied by a new Fed task force. Though no immediate hikes were…