🇺🇲 WARSH DISCOURSE TODAY IN JACKSON HOLE
🏛️ Kevin Warsh faces his first major test in Jackson Hole. Investors are waiting for signals on inflation, interest rates, and bond volatility. With PCE at 3.7%, well above the 2% target, pressure is mounting for clear communication on when the Fed may resume raising interest rates.
Warsh’s first speech scheduled for 11:00 a.m. (Brasília time) at the prestigious economic symposium of the U.S. central bank in Jackson Hole, Wyoming, has become an important test just three months after taking office as Fed chair. The key question is whether he can stick with his “less is more” approach in monetary policy communication, or whether he will feel compelled to provide, at least, an outline of how he views elevated inflation and—crucially—what could lead him to conclude that higher interest rates are needed to contain it.
Team #ThaiTraderOficial
🏛️ Kevin Warsh faces his first major test in Jackson Hole. Investors are waiting for signals on inflation, interest rates, and bond volatility. With PCE at 3.7%, well above the 2% target, pressure is mounting for clear communication on when the Fed may resume raising interest rates.
Warsh’s first speech scheduled for 11:00 a.m. (Brasília time) at the prestigious economic symposium of the U.S. central bank in Jackson Hole, Wyoming, has become an important test just three months after taking office as Fed chair. The key question is whether he can stick with his “less is more” approach in monetary policy communication, or whether he will feel compelled to provide, at least, an outline of how he views elevated inflation and—crucially—what could lead him to conclude that higher interest rates are needed to contain it.
Team #ThaiTraderOficial
