{
  "id": 4001032,
  "title": "More U.S. rate hikes possible with inflation still elevated, Federal Reserve chair Kevin Warsh says",
  "url": "https://urgent.news/2026/08/28/more-u-s-rate-hikes-possible-with-inflation-still-elevated-federal",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-28T17:52:50.000Z",
  "source": {
    "name": "CBC Business",
    "slug": "cbc-business",
    "url": "https://www.cbc.ca/news/business/fed-warsh-jackson-hole-speech-9.7324232"
  },
  "original_language": "en",
  "account": null,
  "summary": "US Federal Reserve chair Kevin Warsh has stated that inflation in the country remains too high. According to Warsh, this may necessitate interest rate hikes in the coming months to bring inflation down.\n\nWarsh's comments, made during a speech at Jackson Hole, have led to increased expectations of a possible rate hike in September. The Federal Reserve's goal of a 2% inflation rate has not yet been met, and Warsh emphasized that short-term interest rates will remain a key tool in achieving this target.\n\nThe dollar has risen following Warsh's remarks, which have been seen as hawkish by traders. Higher interest rates are typically negative for assets like gold, which fell by as much as 3.2% following Warsh's speech, according to Mining.com.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "PBS NewsHour",
        "title": "WATCH: Fed Chair Warsh signals stubborn inflation may require rate hikes in Jackson Hole speech",
        "url": "https://urgent.news/2026/08/28/watch-fed-chair-warsh-signals-stubborn-inflation-may-require-rate",
        "published": "2026-08-28T14:00:04.000Z"
      },
      {
        "outlet": "Forbes",
        "title": "Fed Chair Kevin Warsh Says Inflation Still Too High In First Jackson Hole Speech",
        "url": "https://urgent.news/2026/08/28/fed-chair-kevin-warsh-says-inflation-still-too-high-in-first-jackson",
        "published": "2026-08-28T14:42:38.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}