EconomyWarsh Speech from Jackson Hole on Deck as Markets Seek Clarity

US stocks and Treasuries drifted ahead of Federal Reserve Chair Kevin Warsh’s scheduled Jackson Hole address. Traders are seeking clarity on his economic outlook and inflation strategy, while doubts about his commitment to taming inflation have pushed up long-term yields. A divided policy committee and Treasury intervention in the bond market add to the uncertainty.

People in this report Kevin Warsh