Aug 3, 2026 – 8.00pmIt was, according to economists at JPMorgan, the single most troubling presentation by a Federal Reserve chairman in more than a decade of press conferences given by those at the very top of the US central bank.And, for Australian investors, it all took place shortly after 4am. That’s when Kevin Warsh, Donald Trump’s handpicked Fed chairman, took to the podium for a remarkable press conference that continues to reverberate through financial markets five days after it was presented.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles