Warsh's Jackson Hole Debut: A Test of Economic Vision
A week from Friday, Kevin Warsh will deliver his first speech as Chair at the Fed's Jackson Hole Symposium. The event, held in a majestic backdrop of the Grand Teton, is a world away from the Fed's offices in DC, but the test for Warsh will be the same as every press conference: what does he say?
In today's post, I offer perspectives on the first Jackson Hole speeches of the three previous Fed Chairs. A strong, credible Fed matters more than ever, and a window into their economic worldview and style is offered by these initial addresses.
A week from Friday, Kevin Warsh will deliver his first speech as Chair at the Fed's Jackson Hole Symposium. The event, held in a majestic backdrop of the Grand Teton, is a world away from the Fed's offices in DC, but the test for Warsh will be the same as every press conference: what does he say?