Fed Chair Kevin Warsh delivered a hawkish monetary policy speech at Jackson Hole on August 28, 2026, calling policy not restrictive and inflation headed the wrong way. The Fed raised rates in September, and the discussion has moved to how far the tightening runs. Collins says it is appropriate to raise rates a bit further by year end, while Williams sees no need for more than one more hike. Subran expects a December hike plus two more in Q1 2027 with inflation peaking near 4%, and BofA expects about 75 basis points in total, in December and March if not October. Wizman says skipping October makes a December hike hard to avoid; Kashkari argues the labor market is not the…