Kevin Warsh

Global government bonds have lost around 2.4% in 2026, compared with a 6.8% gain in 2025

Chair Kevin Warsh hints that he will support further rate hikes until they become restrictive

Quarter-point hike is first in 3 years; oil shock, tariffs, AI boom continue to drive inflation

The president insists the interest rate should be 1% despite persistent inflation

He said economic strength and surging capital expenditures have increased the competition for capital

Surging crude prices have raised concern about inflationary pressures in the countdown to the US Fed decision

Even as Trump continues to demand a cut, economists are expecting the central bank to increase rates by 25 basis points

US will be most closely watched in the wake of a higher-than-expected core inflation reading

The Fed Chair signalled at Jackson Hole that inflation is still too high. But his next move is unclear