Mixed Futures Ahead of Fed Chair Warsh's Jackson Hole Address
US futures traded mixed on Friday ahead of an address from Federal Reserve Chair Kevin Warsh in Jackson Hole, Wyoming. The annual economic symposium is a key event for investors and economists alike.
Despite pressure to provide guidance on US policy, Warsh has made clear his intention to offer fewer clues about how the Fed intends to control inflation. This lack of clarity has contributed to the mixed market reaction.