Federal Reser2026-08-31 15:05:15Warsh says U.S. economic growth appears to have strengthenedFederal Reserve Chair Warsh said on Aug. 31 that U.S. economic growth appears to have strengthened, according to BlockBeats. The brief update did not include additional context, supporting data, or any further remarks beyond the statement itself. No related policy comments, timing details beyond the date, or market implications were provided in the source. The report was published by BlockBeats as a short news flash under the policy and regulation category.720
Policy Regula2026-08-31 14:34:00Bessent says he and Warsh are aligned on bonds, declines to speculate on Fed movesU.S. Treasury Secretary Bessent said he and Federal Reserve Chair Warsh share the same view on bonds, according to PANews. He said the 10-year Treasury yield has been broadly flat since President Donald Trump took office and pushed back on the idea that he had tried to steer the bond market. Bessent added that he had never said he was attempting to change the direction of bonds. Speaking about the U.S. bond market, Bessent said he does not believe the equilibrium price can be changed. He also said he does not plan to speculate on what the Federal Reserve may do next. In the same remarks, Bessent noted that Fitch has reaffirmed the U.S. credit rating and said core inflation remains very mild. He added that, traditionally, rates are not raised in response to supply shocks. The comments center on the bond market, monetary policy expectations, and the broader inflation picture in the United States.810
Federal Reser2026-08-31 06:33:35Nomura says Warsh struck a hawkish tone, but September Fed hold remains the base caseNomura said in its Aug. 28 U.S. economic weekly that Federal Reserve Chair Warsh delivered a hawkish debut at Jackson Hole, putting the inflation target back at the center of the policy discussion while stopping short of signaling an imminent rate hike. The firm expects core PCE to rise about 0.2% month over month in August, a pace it believes is still consistent with the Federal Reserve staying on hold for now. Nomura also expects the August jobs report to show resilience, with nonfarm payrolls rising by 60,000, private payrolls up 45,000, the unemployment rate falling to 4.0%, and average hourly earnings increasing 0.4% from the prior month. At the same time, it raised its third-quarter GDP tracking estimate to 3.6% from 2.7% on stronger-than-expected consumer spending and business investment. Even so, the report says uncertainty around the policy path has increased. Nomura expects the Fed to remain on hold indefinitely, with risks tilted toward tighter policy. August employment and inflation data are now seen as the key inputs for the September FOMC meeting.980
Federal Reser2026-08-30 10:01:59Fed's Warsh Speech Flips Hike Logic; Kohn Eyes August CPIAccording to Nick Timiraos, the so-called 'Fed whisperer,' Fed Chair Warsh's recent remarks soothed some concerns about his inflation-fighting strategy but set up a bigger test three weeks away. If the Fed hikes rates, it could anger the White House weeks before the midterm elections; if it holds steady, it may revive the doubts his speech had put to rest. Warsh's Friday comments pointed to a possible hike next month: he struggled to call current financial conditions restrictive, and better summer inflation data did not convince him the underlying trend is improving. Before Friday, the default had been to hold unless data justified action. Former Fed Vice Chair Kohn said Warsh flipped that logic. 'He has changed the prior assumption, so now they will hike unless the data shows it isn't necessary.' The final decision will depend on developments before the September meeting, especially the August CPI due September 11. Kohn said if data don't warrant action, the Fed shouldn't hike; if they come in strong, it could weaken the case that inflation is heading back to the Fed's 2% target. (WSJ)1440
Federal Reser2026-08-30 10:03:27Warsh Remarks Calm Inflation Worries But Set Up September TestNick Timiraos, the journalist often described as the Fed’s mouthpiece, says Chair Warsh’s latest remarks eased some concerns about his inflation-fighting strategy while setting up a bigger test in three weeks. A rate increase now could anger the White House weeks before the midterm elections; staying put could revive the doubts the speech was meant to calm. Warsh pointed to two reasons the Fed might raise rates next month. He struggles to call current financial conditions restrictive, and the better summer inflation readings have not convinced him the underlying trend is improving. Before Friday, the Fed’s default was to hold unless data justified action. Former Fed Vice Chair Kohn says Warsh flipped that logic. “He has changed the prior assumption. Now it becomes: unless the data show no need, they will raise rates.” That makes the September meeting and the August CPI report on September 11 the deciding factors. If the data show no action is needed, the Fed should not hike. If the data come in firm, the case that inflation is returning to the Fed’s 2% target would weaken.900
Federal Reser2026-08-29 07:28:19Warsh's Hawkish Jackson Hole Speech Lifts September Rate Hike OddsAccording to BlockBeats, StoneX market analyst Fawad Razaqzada said on August 29 that Fed Chair Warsh's Friday evening Jackson Hole speech was viewed as quite hawkish. Warsh, when it came to forward guidance, said what the market expected: he does not believe in forward guidance, and therefore declined to pre-commit to a September rate hike. Yet that did not stop market participants from speculating that a rate increase could genuinely return to the table. On inflation, Warsh said reining in price pressures remains a clear priority and elaborated on the point at length, while adding that he is confident core inflation is moving toward the Fed's target. Overall, his remarks came across as more hawkish than the market had priced in. During the speech, September Fed pricing was significantly repriced, with the probability of a 25-basis-point hike jumping from 30% to around 50%. Before the September FOMC meeting, one nonfarm payrolls report and one CPI report are still due, along with some secondary data. Under the new chair, Razaqzada noted, the Fed has become more data-dependent. Given that recent U.S. employment reports have missed expectations by sizable margins, any further softness could severely undermine confidence in a September hike.890
Federal Reser2026-08-29 06:42:22CICC: Fed Chair Warsh's Hawkish Jackson Hole Speech Aids Policy CredibilityIn a note published on Aug. 29, CICC offered its take on Federal Reserve Chair Warsh's Jackson Hole speech, calling the tone hawkish. Warsh acknowledged that inflation remains elevated, said interest rates are still the primary policy tool, and pledged to act "as circumstances warrant." He pointed to economic resilience, stable employment, and easing financial conditions as evidence that policy risks now tilt to the inflation side. He also placed responsibility for the 65-month inflation overshoot on the central bank itself and walked back his July suggestion of letting the market do the Fed's rate-hiking work. CICC believes the speech will help rebuild the Fed's credibility, and markets have already started to price a marginal recovery in policy trust. Over the longer run, Warsh continues to argue that AI could reshape the economy and the policy framework, while pushing for fewer forward-guidance commitments and other reforms. For markets, the hawkish signal raises the odds of a rate hike this year, but CICC cautions that this is not necessarily pure bad news. Liquidity is not the issue today; what markets need is policy discipline and predictability. If inflation is subdued in time, the medium-term outcome could actually be favorable, the brokerage said.910
Bitcoin2026-08-29 02:33:46Hawkish Fed signal knocks Bitcoin lower, but traders still back an $84,000 moveBitcoin pulled back after Federal Reserve Chair Warsh delivered a hawkish message at the Jackson Hole symposium, sending the market lower after an earlier rally. The cryptocurrency fell as low as $76,877 on Friday after reaching an overnight high of $81,455, before closing at $77,557, down 3.39% on the day. The retreat came after Bitcoin had posted a double-digit gain earlier in the week, only to run into resistance in the $81,000-$82,500 range again. Rate expectations shifted quickly after Warsh said inflation in the United States was not falling fast enough and that the Fed still had work to do before reaching its 2% target. CME FedWatch data showed the probability of a September rate hike rising from 35.4% a day earlier to 55.7%. The move also hit leveraged crypto positions, with about $481 million liquidated across the market in the past 24 hours, including more than $360 million in long positions. Even so, longer-term bullish sentiment has not materially changed. Prediction market data still assigns a 77% chance that Bitcoin’s next major target will be $84,000, versus a 23% chance of falling to $55,000. Spot Bitcoin ETFs in the U.S. had also recorded eight straight trading days of net inflows through Wednesday, drawing about $2.8 billion in total.1030
