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Warsh faces pressure as Fed weighs raising rates
U.S. government bond markets are on edge ahead of Warsh's first address at the Fed’s annual conference in Jackson, Wyo.
Kevin M. Warsh is scheduled to deliver his first address at the Federal Reserve’s annual conference in Jackson, Wyo., as attention focuses on whether the Fed will raise interest rates.
Ahead of the event, U.S. government bond markets are described as unsettled, with inflation risks returning to the spotlight.
NYT Business notes the broader concern is that inflation could complicate the Fed’s path for policy, keeping investors cautious around the conference.