Central Bank Chiefs Head to Jackson Hole Amid Economic Uncertainty

The world's top central bank chiefs will gather in Jackson Hole next week against a backdrop of economic uncertainty, with inflation and bond markets dominating the agenda.

Fed Chairman Kevin Warsh will face a tough decision at the symposium: whether to focus on long-term structural issues or provide guidance on monetary policy, which has been in flux since the recent selloff in U.S. debt.

The prolonged closure of the Strait of Hormuz and surging crude prices have added to concerns about global inflation, with Brent crude heading for a second straight weekly gain and refined products driving up energy costs.