Warsh goes to Jackson Hole
The Fed chair must reassure markets in his forthcoming speech
The Fed chair must reassure markets in his forthcoming speech
BELLINGS Intelligence Score: 72
Why it matters
Fed Chair Warsh's hawkish Jackson Hole speech materially shifts market expectations toward a September rate hike, directly impacting borrowing costs and credit conditions for sophisticated finance professionals, making it a significant monetary-policy signal.
Sources
Financial Times
Warsh goes to Jackson Hole
The Fed chair must reassure markets in his forthcoming speech
Yahoo Finance
Fed Chair Warsh Leans Hawkish In Jackson Hole Speech (Live Coverage)
Yahoo Finance
"We Have Work to Do": Fed Chair Kevin Warsh Expresses Concern Over Inflation in Closely Watched Jackson Hole Speech
Nasdaq
"We Have Work to Do": Fed Chair Kevin Warsh Expresses Concern Over Inflation in Closely Watched Jackson Hole Speech
Key PointsDespite some recent softer inflation reports, Fed Chair Kevin Warsh said he is not convinced that inflation is on its way back to the Fed's preferred 2% target.