Fed Chair Warsh Faces High Stakes at Jackson Hole

Federal Reserve Chairman Kevin Warsh will address international economists and central bankers on Friday, facing pressure to clarify his policy roadmap for the United States economy. Global investors are looking for signals on how the central bank views inflation and recent bond market volatility. The Jackson Hole symposium serves as a major test three months into Warsh's tenure. At issue is whether he will maintain a minimalist communication approach or detail conditions that could prompt higher interest rates.