In the wake of the recent Treasury intervention to bring long-term yields down and with another wave of inflation likely on the way, all eyes are on the new Fed chief
Fed Chairman Kevin Warsh is due to deliver the keynote address at this year’s Jackson Hole Economic Policy Symposium on Friday. It will give markets their first chance to hear from the new Fed chief at the central bank’s annual gathering in Wyoming.
It comes at a fraught time. A recent Treasury market intervention announced by Secretary Scott Bessent with the aim of pushing long-term Treasury yields lower raised eyebrows on Wall Street, to put it mildly. It was a move that seems…
Read the full article at RT.COM
