Warsh Warns Inflation Not Cooling Fast Enough | Lubbock News

New Fed Chair Warsh delivered a sobering message at Jackson Hole, emphasizing that inflation remains the central concern — despite recent cooling. He warned that underlying trends aren’t yet convincing enough to ease up, stressing the Fed must ensure prices return to the 2% target before pausing. While he didn’t hint at an immediate rate hike, his tone made clear inflation won’t fix itself. Markets reacted cautiously, with short-term yields rising but long-term rates holding steady. Economists are split — some see his remarks as a tougher stance without specifics (his trademark), others remain skeptical given past patterns. Warsh noted strong economic activity means rates may still be too low to curb inflation, pointing to widespread price hikes of 3% or more. His message: inflation data is more alarming than jobs, and the Fed can’t wait for markets to solve it alone. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a41e47a909f57751