Kevin Warsh warns of "concerning" inflation and signals that the Fed has "work to do": will there be a new interest rate hike in September?
Business

Kevin Warsh warns of "concerning" inflation and signals that the Fed has "work to do": will there be a new interest rate hike in September?

Expresso28 August 2026 at 16:02

Kevin Warsh warned of "concerning" inflation during his debut at the Jackson Hole meeting, placing the issue of prices ahead of all other priorities. The Federal Reserve official indicated that he will have "work to do" if prices do not slow down quickly, in a message that was interpreted as a shift in focus by the central bank.

Short-term rates rose immediately after Warsh's statements, the first concrete sign that the market responded to the message as an opening for a new interest rate hike. This rapid reaction demonstrated investors' sensitivity to the Fed official's words.

The article suggests that a new interest rate hike may be planned for September if inflation continues to prove persistent. Warsh's communication at Jackson Hole thus represented a key moment for financial market expectations.

Related articles

Infarmed ordena recolha e suspensão imediata de lote de Meropenem Aurovitas 500mg
Business

Infarmed orders immediate recall and suspension of batch of Meropenem Aurovitas 500mg

Infarmed ordered the immediate recall and suspension of batch 2MI24058A of the medication Meropenem Aurovitas 500mg, after non-conforming situations were identified in the manufacturing of the active substance of the medication. The National Authority for Medicines took this measure preventively to protect public health.

SIC Notícias28/08/26, 16:50
ROCHAS ORNA… MENTAIS GRAÇAS AO MPLAPhoto by Marina M on Pexels
Business

ORNAMENTAL ROCKS THANKS TO MPLA

Angola raised 179.6 million dollars (154.9 million euros) from the export of 601.3 thousand cubic meters of ornamental rocks over the past four years, according to data from the Angolan government presented by the Secretary of State for Oil and Gas, José Barroso. In opening the balance of achievements on the production, commercialization and export of these rocks, the article cites President João Lourenço attributing the success to the MPLA.

Folha 828/08/26, 16:37
Portugal compra 75 viaturas táticas a Espanha com financiamento europeu
Business

Portugal buys 75 tactical vehicles from Spain with European funding

Portugal will acquire 75 tactical vehicles from Spain for 133 million euros, with European funding. The equipment is intended for naval marines and delivery is scheduled between 2027 and 2029, according to the Ministry of Defence.

Expresso28/08/26, 16:35
Pé-de-Meia: nascidos em setembro e outubro recebem parcela de R$ 200Photo by Jonathan Borba on Pexels
Business

Pé-de-Meia: those born in September and October receive R$ 200 installment

Pé-de-Meia program beneficiaries born in September and October receive on Friday (28) the R$ 200 installment of the school attendance incentive. For regular high school students, this is the fifth installment of the program, while students in youth and adult education (EJA) also receive for approval of training cycles. The program requires at least 80% attendance. In the EJA modality, students receive up to four installments of R$ 225 per cycle, totaling up to eight annual attendance installments, while in regular high school there are up to nine annual installments of R$ 200. Pé-de-Meia works as a savings account to encourage young people to stay in school.

extra28/08/26, 16:35