Kevin Warsh's hawkish Jackson Hole debut pushed Fed rate hike odds toward 59% for September, weakening Brazil's real and lifting long rates.
Markets · FED
Key Facts
—Chair Kevin Warsh took office as Federal Reserve chair on 22 May 2026.
—Speech Warsh delivered his address, titled In Our Time, at Jackson Hole on 28 August.
—Pricing Fed rate hike odds for September reached about 59 percent from 35 percent.
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