Warsh's Jackson Hole Speech: Will He Protect Credibility or Send Signals?

The economic calendar is packed with significant releases, but all eyes are on Fed Chair Kevin Warsh's speech at the Jackson Hole central banking symposium.

A month ago, the Federal Reserve kept interest rates unchanged despite a hawkish front within the FOMC, and recent drops in inflation have yet to meet consumer and market expectations.

Warsh's speech is expected to provide concrete guidance on policy direction, with a lack of specifics potentially weighing on the US dollar and Wall Street welcoming a dovish-leaning approach.