New Delhi, Aug. 29 -- Kevin Warsh Jackson Hole speech: After the US Fed chairman Kevin Warsh's Jackson Hole speech on Friday, speculations for the US Fed rate hike skyrocketed. Market observers are now expecting an interest rate hike at the US Fed meeting in September 2026. Bets for a 25 bps interest rate hike received a boost when the US Fed chair said the US central bank will "have work to do" if policymakers are not confident that underlying inflation is returning to its 2% target. So, the Indian stock market, gold and silver rates, and other assets are expected to react to Kevin Warsh's speech on Monday.

According to Reuters, after Kevin Warsh's Jackson Hole speech, bets that rates would be raised at the September meeting rose to a 5...