Warsh: "We must be certain that inflation is moving toward the target, clearly and with speed. Otherwise, we have work to do"
Business

Warsh: "We must be certain that inflation is moving toward the target, clearly and with speed. Otherwise, we have work to do"

SAPO Notícias28 August 2026 at 15:42

The chairman of the Federal Reserve, Jerome Powell, spoke at the Jackson Hole symposium, signaling a possible interest rate hike in September. His statements were interpreted as a strong indication that the U.S. central bank may take more restrictive measures in the coming months.

Kevin Warsh, a former governor of the Federal Reserve, also attended the symposium and left a clear warning about monetary policy. According to Warsh, it is necessary to be certain that inflation is moving toward the target clearly and with speed.

Warsh warned that if inflation is not evolving adequately, "we have work to do," reinforcing the central bank's determination to control rising prices. This tough stance by Federal Reserve officials reflects growing concerns about the persistence of inflation in the United States.

The Jackson Hole symposium is an annual reference event in the financial sector, bringing together central bank officials and economists from around the world to discuss the main global economic challenges.

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