Fed's Warsh under pressure to clarify message in highly anticipated Jackson Hole speech
Federal Reserve chairman Kevin Warsh made clear four weeks ago that he wants to use his speech at the Kansas City Fed's annual symposium in Jackson Hole, Wyoming, to take on big, lofty ideas, as opposed to the tactical details of what the Fed may do in this year's three…
Federal Reserve chairman Kevin Warsh made clear four weeks ago that he wants to use his speech at the Kansas City Fed's annual symposium in Jackson Hole, Wyoming, to take on big, lofty ideas, as opposed to the tactical details of what the Fed may do in this year's three…
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Why it matters
A Federal Reserve chairman's speech at Jackson Hole is a significant monetary-policy signal that can influence market expectations and credit conditions, especially if there is pressure to clarify the message, indicating potential market sensitivity.
Sources
Axios
Fed's Warsh under pressure to clarify message in highly anticipated Jackson Hole speech
Federal Reserve chairman Kevin Warsh made clear four weeks ago that he wants to use his speech at the Kansas City Fed's annual symposium in Jackson Hole, Wyoming, to take on big, lofty ideas, as opposed to the tactical details of what the Fed may do in this year's three…