Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the US central bank has “work to do.”
Federal Reserve Chairman Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers must be confident that it is, otherwise the US central bank has “work to do.”
Central bankers, economists and journalists from around the world converged on Jackson Hole, Wyoming, Thursday evening for the Federal Reserve’s annual economic symposium. The host, Kansas City Fed President Jeff Schmid, kicked off the event with welcoming remarks followed by dinner. Here’s what to expect from the three-day gathering in Grand Teton National Park:
Federal Reserve officials continue to send mixed signals on their outlooks for inflation, with some arguing higher interest rates are needed to tame prices while others signaled less urgency.