Federal Reserve Chair Kevin Warsh is urging markets to stop relying on central bank guidance and instead independently interpret economic data, signalling a shift toward a paradigm where higher interest rates are accepted as a component of a high-growth, prosperous economy

Fed Chair Kevin Warsh warned at Jackson Hole that a rate hike may come if inflation stays above 2%, sending September hike odds surging to 60%.

Federal Reserve Chair Kevin Warsh is urging markets to stop relying on central bank guidance and instead independently interpret economic data, signalling a shift toward a…