Warsh’s Jackson Hole Test: Inflation Fears Roil Markets

1 min read
Source: The Guardian
Warsh’s Jackson Hole Test: Inflation Fears Roil Markets
Photo: The Guardian
TL;DR Summary

At Jackson Hole, new Fed chair Kevin Warsh faces inflation concerns and volatile bond markets as Trump’s tax-and-spending plans loom; with a cautious stance on signaling rate paths, markets fear volatility ahead of possible September actions and gradual hikes next year amid debt and Iran-related inflation pressures.

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