Warsh's Jackson Hole Address Stirs Market Uncertainty
US futures are mixed ahead of Federal Reserve Chair Kevin Warsh's address at the Fed's annual economic symposium in Jackson Hole, Wyoming. Despite pressure to provide guidance on US policy, Warsh has made it clear he intends to offer fewer clues about how the Fed will control inflation.
The mixed reaction in the market suggests investors are unsure of what to expect from Warsh's speech, which is set to take place during the symposium. The uncertainty surrounding the Fed's next move has been a major driver of market volatility in recent months.