New Fed chair faces critical test at Jackson Hole as inflation fears mount

Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxiety Business live – latest updates The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans. As the world’s most powerful central bank prepares for its annual Jackson Hole conference, analysts said bond traders would be looking for signals from Warsh over its commitment to fighting inflation. Continue reading...

Richard Partington Senior economics correspondent · Sun, Aug 23, 2026, 10:00 PM
US news | The Guardian

New Fed chair faces critical test at Jackson Hole as inflation fears mount

Investors will hope Kevin Warsh offers ‘comfort blanket’ at annual meeting of central banks amid bond market anxiety

Business live – latest updates

The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans.

As the world’s most powerful central bank prepares for its annual Jackson Hole conference, analysts said bond traders would be looking for signals from Warsh over its commitment to fighting inflation.

This page shows an excerpt; reporting belongs to the original publisher. Some images or embeds may be omitted compared with the live article.