Chris Temple: Fed Rate Hike Incoming? Warsh Signals September Move After Jackson Hole

Michael Fox and Chris Temple break down Federal Reserve Chair Kevin Warsh’s pivotal Jackson Hole speech, where he reasserted his commitment to fighting inflation and all but guaranteed a 25 basis point rate hike at the September 16 FOMC meeting. They explore how Warsh’s hawkish pivot could trigger market volatility, push long-term yields higher, and even spark tension with the White House, while analyzing the delicate balance between cooling inflation and avoiding a recession. The duo also discusses Warsh’s focus on price stability for everyday consumers, the absence of any mention of crypto or alternative payments, and why a short-term rate increase may be necessary despite political headwinds. Tune in for their full take on what to expect from the Fed’s September decision.