Economists Urge Warsh to Share More on Economic Views Ahead of Keynote Speech
The upcoming keynote speech by FOMC Chairman Kevin Warsh at Jackson Hole is highly anticipated, and economists want more insight into his views on the economy. A CNBC survey of 31 respondents found that 80% believe Warsh should provide more information about his economic outlook, while there is a split on whether he should share his view on interest rate expectations.
Kathy Bostjancic, chief U.S. economist at FOREX.com's Global Head of Research Matt Weller notes that Warsh's address will be crucial in understanding the Fed's reaction function and its implications for long-term interest rates and inflation uncertainty.