Warsh Warns Inflation Not Done | Winnipeg News

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

Fed Governor Warsh dropped a sobering message at Jackson Hole, warning that inflation’s recent cooling is misleading—underlying pressures remain stubborn. He emphasized the Fed must ensure inflation truly trends toward 2% before easing up, not just reacting to headlines. While jobs are strong, he argued inflation isn’t self-correcting and many goods still command prices far above historical norms. Bond yields are climbing, making borrowing costlier, but Warsh noted current rates aren’t yet chilling the economy—thanks to resilient consumer spending and big tech’s AI investments. With…