Warsh's Jackson Hole Inflation Vow | Bloomberg Businessweek Daily 8/28/2026

Описание: Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing, but vowed policymakers will return inflation to their 2% goal. Bloomberg News' Economics & Policy Correspondent Mike McKee is in Jackson Hole where Warsh gave his first speech since becoming chairman of the Central Bank. Brooke May, Managing Partner at Evans May Wealth, also reacts to Warsh's inflation vow with some skepticism. Then, Linamar Executive Chair Linda Hasenfratz discusses President Trump's tariff threats on the Canadian cars and auto parts, saying if a 50% tariff is imposed by next year it would bring the industry "to its knees."  Finally, Affirm Founder & CEO Max Levchin explains how his company sets rates and keeps up with a growing industry, arguing Affirm's transparency makes it stand out from competitors.

Chapters
00:00:00 Opening: Jackson Hole Fed Friday
00:02:13 Market Update: Stocks Fall, Yields Rise
00:04:19 Kevin Warsh's Inflation Warning
00:05:44 What Warsh's Speech Means for the Fed
00:07:15 Could the Fed Hike Rates in September?
00:08:03 Jackson Hole, Lisa Cook & Jay Powell
00:11:20 Investor Reaction to Warsh's Speech
00:12:45 Can the Fed Really Get Inflation Back to 2%?
00:16:15 Midterms, Markets & $7 Trillion on the Sidelines
00:20:58 Canada Retaliates With New U.S. Tariffs
00:21:42 Linamar on the U.S.-Canada Auto Trade War
00:23:16 How Auto Tariffs Could Hit Consumers
00:24:24 Trump's 50% Auto Tariff Threat
00:26:03 Could Tariffs Shut Down North American Auto Production?
00:27:24 Can the U.S. and Canada Reach a Deal?
00:32:35 Market Update: Stocks Slide, Yields Jump
00:34:19 Affirm CEO on the Health of the U.S. Consumer
00:36:01 What Consumers Are Financing With Affirm
00:37:50 Affirm vs. Credit Cards & Klarna
00:39:27 Affirm's Bank Charter & In-Store Expansion
00:43:20 Stock Movers: PayPal, Affirm & BioNTech
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