Federal Reserve Chair Kevin Warsh's Jackson Hole speech may clarify his vision for interest rate policy.
Warsh's less-is-more communication strategy has created uncertainty, impacting bond markets and investor confidence.
As the marquee event in economics approaches, investors are wondering whether they'll get morsels of clarity from Federal Reserve Chair Kevin Warsh—or whether he'll remain tight-lipped about the Fed outlook.
Warsh will speak at 10 a.m. ET on Friday at the Kansas City Fed's annual Jackson Hole conference, giving him a chance to hit the reset ******* on with markets if he chooses.
The Fed's new chair has adopted a less-is-more communication style, giving the Fed more flexibility to pivot on interest rates in an uncertain environment. Investors, however, are still getting used to less guidance on how the Fed may react to incoming data.
#less #federal #investors
Warsh's less-is-more communication strategy has created uncertainty, impacting bond markets and investor confidence.
As the marquee event in economics approaches, investors are wondering whether they'll get morsels of clarity from Federal Reserve Chair Kevin Warsh—or whether he'll remain tight-lipped about the Fed outlook.
Warsh will speak at 10 a.m. ET on Friday at the Kansas City Fed's annual Jackson Hole conference, giving him a chance to hit the reset ******* on with markets if he chooses.
The Fed's new chair has adopted a less-is-more communication style, giving the Fed more flexibility to pivot on interest rates in an uncertain environment. Investors, however, are still getting used to less guidance on how the Fed may react to incoming data.
#less #federal #investors
2 months ago
