In his first high-profile speech at the Fed's annual conference at Jackson Hole, Wyoming, Warsh acknowledged that recent U.S. "Otherwise, we have work to do." The Fed chair, who replaced his predecessor, Jerome Powell on May 22, faces high stakes with his speech as questions swirl around Wall Street about his focus on fighting inflation.
In his first high-profile speech at the Fed's annual conference at Jackson Hole, Wyoming, Warsh acknowledged that recent U.S.
data show inflation has cooled a bit, but "they do not tell me that underlying trends have meaningfully improved." "We must be confident that underlying inflation is moving to our objective, clearly and at...
"Otherwise, we have work to do." The Fed chair, who replaced his predecessor, Jerome Powell on May 22, faces high stakes with his speech as questions swirl around Wall Street about his focus on fighting...
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In his first high-profile speech at the Fed's annual conference at Jackson Hole, Wyoming, Warsh acknowledged that recent U.S. "Otherwise, we have work to do." The Fed chair, who replaced his predecessor, Jerome Powell on May 22, faces high stakes with his speech as questions swirl around Wall Street about his focus on fighting inflation. Those concerns may have contributed to rising bond yields, which can increase the cost of borrowing for the government and everyone else.
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