Fed Chair Warsh Faces Test at Jackson Hole
Federal Reserve Chairman Kevin Warsh faces growing pressure to address persistent inflation during his upcoming Jackson Hole speech. Recent data showing sticky price pressures has sparked investor bets on a potential interest rate hike.
Federal Reserve Chairman Kevin Warsh faces intense scrutiny on Friday at Jackson Hole as persistent inflation challenges the central bank's credibility. The United States cost of living rose 3.7% in July, pushing the Fed's target miss streak to 65 straight months.
