FED SENDS A “HAWKISH” SIGNAL AHEAD OF THE BIG MOMENT
On the opening day of Jackson Hole, three Fed officials simultaneously warned that inflation remains a concern:
Beth Hammack: continues to support raising interest rates, arguing that the Fed needs to act soon. Jeffrey Schmid: believes the current level of interest rates may not be restrictive enough. Austan Goolsbee: warned that inflation could heat up again if energy prices and tariffs continue to add pressure.
21:00 tonight: Fed Chair Kevin Warsh will officially speak at Jackson Hole. Markets will closely watch his views on inflation, interest rates, and long-term bond yields.@BackcomGlobal
