Warsh Speaks at Jackson Hole, Markets Eye Inflation Guidance

Fed Chief Kevin Warsh is set to speak at the Jackson Hole symposium on Friday, where he will likely address plans related to stabilizing long-term Treasury yields.

The speech has sparked anticipation among investors, with some hoping for reassurance that controlling inflation remains a key priority for the Federal Reserve.

Fed watchers at JPMorgan, Apollo and Morgan Stanley believe Warsh could provide such reassurance, which would ease concerns over the Fed's credibility.

However, prediction markets see little chance of guidance on the Fed's September decision or the Treasury's recent bond-market intervention during the speech.