Bond market trusts Warsh after Fed inflation remarks
By The BriefBrief
Kevin Warsh, newly appointed Federal Reserve chairman, said the central bank still has work to do on inflation. The bond market responded by taking his comments at face value, passing another test for his credibility.
WHO:Kevin Warsh
WHAT:Warsh said the Fed still has work to do on inflation and the bond market reacted by trusting his word.
WHEN:Aug 28, 2026
WHERE:USA
WHY:The bond market reacted to Warsh’s inflation remarks as a test of his credibility as Fed chair.