Federal Reserve Chair Warsh to Deliver Speech on Inflation Control at Jackson Lake Lodge
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Federal Reserve Chairman Kevin Warsh is set to deliver a keenly awaited speech on Friday at the annual gathering of economists and policymakers at Jackson Lake Lodge in Wyoming — and the stakes are as high as the surrounding Teton mountains.
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NBC NewsJACKSON HOLE, Wyo. — There is a lot riding on Federal Reserve Chair Kevin Warsh’s speech here Friday morning at the Fed’s storied annual retreat in the Tetons.
The HillAll eyes on Warsh in Wyoming Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  All eyes on Warsh in Wyoming Federal Reserve Chair Kevin Warsh is under the microscope as he heads to Jackson Hole for the Wyoming town’s signature economic symposium Friday, where eagle-eyed investors will be searching for…
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Investors were disappointed last month when Warsh promised to curb stubborn inflation but offered no specifics about his strategy. Many are hoping for more clarity on Friday at a gathering that Fed chairs have traditionally used to reach a wider audience with their thoughts about the economy.
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NBC NewsWithout a clear message from Warsh, investors began to doubt the Fed’s inflation-fighting resolve.
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Some economists think it's likely that Warsh will stick with a high-altitude approach in Jackson Hole — his first address to the gathering as Fed chair — rather than offer a sea-level forecast of what we can expect from the central bank in the next few months.
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NBC NewsPrevious Fed chairs have used the annual Jackson Hole address to deliver major policy announcements, and Warsh said last month that he would use the occasion to “frame the big questions” facing the Fed.
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01 NPR News Loading... "If I could, in the high mountain air in Jackson, Wyoming, I'd like to also frame the big questions," Warsh said last month, after he and his Fed colleagues voted to hold interest rates steady. "What's really happening with productivity? What's really happening with demographics? What's really happening to the global economy amid the shocks?"
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02 NBC News But just three months into the job, Warsh faces a growing list of more immediate questions for the central bank he leads.
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03 Reuters Gold slips as Fed chief Warsh's Jackson Hole speech looms - Reuters Gold slips as Fed chief Warsh's Jackson Hole speech looms Reuters
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04 New York Times Wall Street Loved Scott Bessent and Kevin Warsh. Not Anymore. We are approaching a credibility crisis with Scott Bessent and Kevin Warsh leading our economy.
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05 Breitbart There’s No Struggle Between Fed and Treasury Right Now If you listen to the high priests of financial analysis—a group that includes hedge fund managers, Wall Street economists, and even pixel-stained pundits in the financial press—there’s a battle going on for the soul of the bond market.
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06 Democracy Now Earlier this month, Treasury Secretary Scott Bessent publicly attacked the former labor secretary under President Clinton, Robert Reich. Reich wrote in a post online that “Trump Treasury Secretary Scott Bessent said this week the K-shaped economy — the widening economic gap between the rich and the poor — is 'dead.' Hogwash. Not only is the K-shaped economy very much alive, even CEOs are admitting it’s a problem.” The treasury secretary went on to suggest the University of California, Berkeley should fire Reich.
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