Investec Focus Radio SA

Macro Monday Ep129: Warsh’s hawkish speech

August 31, 2026·9 min
Episode Description from the Publisher

New Fed chief Kevin Warsh delivered a hawkish speech at the Jackson Hole symposium of central bankers on Friday, leading to a stronger US dollar and increased expectations of rate hikes this year and next year. Investec Investment Management’s Investment Strategist Osagyefo Mazwai examines what this means for the US economy, as well as emerging market currencies like the rand. Investec Focus Radio SA

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