Kevin Warsh did warn on August 28, 2026, that inflation remained too high, saying recent data had not demonstrated meaningful improvement and that the Federal Reserve might have more work to do.
True
Kevin Warsh warned that inflation is too high.
Testimony by Chairman Warsh on the semiannual Monetary Policy Report to Congress - Federal Reserve Board
Source: federalreserve.gov
At a glance
Verified August 29, 2026Key Evidence
Warsh’s August 28 Jackson Hole speech is the primary record behind the claim and addressed continuing inflation pressure.
NPR, the Los Angeles Times, the BBC, and other reports published the same day described his message as saying inflation was still too high.
The warning concerned the inflation outlook and possible future rate increases, not an announcement that the Fed had already decided to raise rates.
The reporting
What the Evidence Shows
Federal Reserve Chair Kevin Warsh made the warning in his keynote remarks at the Jackson Hole Economic Policy Symposium on August 28, 2026. The remarks said that recent inflation readings had improved less meaningfully than hoped and left open the possibility of additional policy action.federalreserve.govfederalreserve.govKeynote remarks by Chairman Warsh at the 2026 Jackson Hole Economic Policy...
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