Warsh Speech Sparks Rate Hike Fears | Thailand News

Thailand News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 1m

Investors are on edge as Kevin Warsh delivers his first major Fed speech since taking the helm, with markets bracing for clues on whether rates will rise again. Inflation remains stubbornly above target, energy prices spike amid Iran tensions, and Treasury yields climb — all fueling uncertainty ahead of the Fed’s next meeting. While last month’s rate hold was split by internal disagreement, recent cooling data hasn’t quelled concerns. Asian and U.S. tech stocks surged on Nvidia’s momentum, but oil dipped slightly as Hormuz reopenings stall. With Warsh’s address being the final major central…