Warsh says Fed rate signals clash with Trump goals
By The BriefBrief
Former Fed governor Kevin Warsh said the central bank’s Jackson Hole message that rates may rise conflicts with what President Donald Trump wants ahead of the midterms. The remarks frame a potential collision between Fed policy guidance and the administration’s preference for lower borrowing costs.
WHO:Kevin Warsh
WHAT:Said the Fed’s Jackson Hole rate signal may rise conflicts with Trump’s desire for lower borrowing costs ahead of the midterms
WHEN:Reported Aug 28, 2026 at 8:00 PM ET
WHERE:USA
WHY:Warsh was reacting to the Fed’s Jackson Hole indication that rates may rise, which he said runs counter to Trump’s preference for reduced borrowing costs.
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