Fed Chair Kevin Warsh’s recent comments at Jackson Hole weren’t just policy talk; they were a signal. Inflation in the US is still too high (3.7% vs 2% target), and Warsh made it clear: if prices don’t fall faster, rates will go up. Why should Indians care? Because higher US rates can make foreign investments costlier, cool global markets, and influence RBI’s decisions. Plus, if the dollar strengthens, our imports (like oil) get pricier; which could mean higher prices at home. Warsh also avoided giving 'forward guidance'; meaning no clear roadmap. That uncertainty is already moving markets: short-term bond yields jumped after his speech. Bottom line? Don’t ignore Fed moves. Even if you’re not buying US Treasuries, their decisions ripple through our economy, jobs, salaries, and even exam prep budgets when inflation hits. Keep an eye on global cues; they’re shaping your local reality.