Way Out West with Kevin Warsh
Professional Federal Reserve watchers have already written Kevin Warsh’s assignment for Jackson Hole . They want the new Fed chairman to explain whether inflation reflects temporary shocks or an economy running too hot, and then tell markets whether interest rates are going up.
Warsh appears likely to turn in a different assignment.
At his July press conference, Warsh said he wanted to use Jackson Hole to “ frame the big questions .” He named three: What is happening with productivity? What is happening with demographics? And what is happening to the global economy amid repeated shocks?
That sounds like the outline…
Read the full article at BREITBART.COM
