New Overnight Developments Abroad - Daily Update
Hawkish Comments within Warsh Speech at Jackson Hole Lends Support to Dollar in Spite of Other Negative Forces
August 28, 2026
The much-awaited keynote address by Fed Chairman Warsh at the annual Jackson Hole Symposium included these remarks about inflation: While this summer’s PCE and CPI readings were better than expected, they do not tell me that underlying trends have meaningfully improved. The data also show moderate wage growth. But in tracking underlying inflation, wage growth […] More
