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Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming

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Fed's Kevin Warsh warns inflation is too high, sparking bets rate hikes are coming

NPR · Aug 28, 2026, 4:05 PM UTC

Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a path going forward.