The Fed under Kevin Warsh
COVERAGE BY DAY
TIMELINE
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29 AUG
SAT
Fed Chair Warsh addresses inflation at Jackson Hole symposium
Federal Reserve Chair Kevin Warsh addressed the Jackson Hole Economic Symposium, focusing on inflation concerns. He stated that inflation is not slowing meaningfully and the Fed must act if it remains elevated, despite recent improvements in readings. Warsh reiterated the Fed's commitment to its 2% inflation target.
L2·C14·R2
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28 AUG
FRI
Cleveland Fed president calls for rate hike
Cleveland Federal Reserve President Beth Hammack stated that it is time to raise interest rates due to inflation remaining above the Fed's 2% target. Hammack noted persistent inflation and a lack of restriction in financial conditions as reasons to act.
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