Warsh Course-Corrects at Jackson Hole After July Debut Sparks Criticism

Federal Reserve Chairman Kevin Warsh made a strong impression at his first keynote address since being tapped for the top job, and many in attendance felt he effectively course-corrected after his 'confusing' debut earlier this year.

The speech, given at the Jackson Lake Lodge in Wyoming on August 29, was met with applause from the crowd as Warsh wrapped up his presentation. Central bankers and investors alike welcomed his clear message on inflation, even if bigger questions remained unanswered.

According to Deutsche Bank Research, Warsh's speech went a long way towards 'correcting July presser missteps.' The research firm saw this as a positive development for the central bank and its efforts to communicate with investors and the public.