Fed Chairman Kevin Warsh focused on headline PCE inflation at 3.7% in his Jackson Hole speech

Fed Chair Kevin Warsh Just Shifted the Central Bank's Entire Focus on Inflation in One Sentence

Key PointsFed Chair Kevin Warsh has vowed to lead a reform-oriented central bank and has, thus far, held that promise.Warsh’s inaugural Jackson Hole speech featured an inflation ultimatum that Wall Street can’t ignore.The door is being left wide open for rate hikes, which isn’t the best news for a historically expensive, artificial intelligence-driven stock market. 10 stocks we like better than S&P 500 Index › This has been a history-packed year…

Gold's Record Rally Cracks as Fed Chair Kevin Warsh Talks Up a Rate Hike

Gold has given back nearly a third of its January record after Fed Chair Kevin Warsh's hawkish Jackson Hole speech reignited rate-hike bets. Goldman Sachs just cut its 2026 target to $4,900 while rivals like JPMorgan still see $6,300, leaving Wall Street sharply split on where gold goes next.

Fed Chairman Kevin Warsh focused on headline PCE inflation at 3.7% in his Jackson Hole speech

The Fed's vigilance on inflation suggests prolonged caution in monetary policy, impacting market expectations for future interest rate cuts.