Warsh's Jackson Hole Speech: A Crucial Moment for Markets

Markets are bracing for Federal Reserve Chair Kevin Warsh's address at Jackson Hole on August 28, 2026. The speech is seen as a crucial moment for markets as doubts about his commitment to taming inflation have pushed up long-term yields.

Warsh's address is scheduled for 10 a.m. New York time, and traders are looking for clarity on his economic outlook and strategy for bringing inflation back to target. The speech comes amidst a divided policy committee and the Treasury's bond market intervention, which has further complicated the backdrop.

The US stocks and Treasuries have drifted ahead of Warsh's address, with long-term yields rising due to doubts about his commitment to taming inflation.