Kevin Warsh's Federal Reserve Just Issued an 11-Word Warning to Wall Street. Here's What History Says Comes Next.

The Federal Reserve under Kevin Warsh warned that prolonged above-target inflation could entrench inflation expectations, potentially triggering a wage-price spiral. Drawing parallels to the 1970s crisis that required Paul Volcker's painful 20% rate hikes, the article suggests the Fed may need to raise rates before year-end despite risks to the debt-fueled AI sector and stock market valuations.