LexRegPulse Daily - Aug 29, 2026
Alex here. This is LexRegPulse Daily for Saturday, August 29, 2026.
Fed Chair Kevin Warsh used his first Jackson Hole speech to put a September rate increase back on the table. He told the Kansas City Fed symposium on August 28 that underlying inflation isn't meaningfully improving. He said the Fed will have, quote, "work to do" if it doesn't. He also reaffirmed he won't offer forward guidance — he's reading market signals instead: yields, spreads, currencies, commodities.
Markets answered fast. The 30-year Treasury yield climbed to levels last seen in 2008. Gold dropped below $4,500 an…
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