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More U.S. rate hikes possible with inflation still elevated, Federal Reserve chair Kevin Warsh says

CBC Business · August 28, 2026 at 1:52 p.m.

More U.S. rate hikes possible with inflation still elevated, Federal Reserve chair Kevin Warsh says

U.S.

Federal Reserve chair Kevin Warsh said Friday that inflation is still too high and suggested the country's central bank may have to raise interest rates in the coming months to bring it down.

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More U.S. rate hikes possible with inflation still elevated, Federal Reserve chair Kevin Warsh says

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