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Hawkish Warsh
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Monday 31st August 2026
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Could Kevin Warsh be more hawkish than Jerome Powell was? NAB’s Ken Crompton talks to Phil about the Fed chair’s speech at Jackson Hole, which now has markets pricing a greater chance than not of a rate hike at the next meeting. They also discuss President Trump’s plan for a US government majority stake in a massive new Venezuelan oil company. Will it happen? There’s little evidence so far of Operation Economic Outcast. There’s a busy week ahead for data, including European inflation today, Australian GDP mid-week, two central banks and US non-farm payrolls on Friday.
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