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Global Economy
Kevin Warsh's Jackson Hole Debut: Markets Brace for Fed Policy Clarity Amid Bond Turmoil
Three months into his tenure as Federal Reserve Chair, Kevin Warsh takes the stage at Jackson Hole under intense scrutiny. With inflation stubbornly above target, bond yields swinging violently, and clear divisions emerging within the FOMC, investors are desperate for signals on the future path of U.S. interest rates. Warsh's trademark discretion has some questioning whether the Fed is providing sufficient guidance to navigate the current economic crosscurrents.