Breaking Down Warsh's First Speech at Jackson Hole
Youtube·2026-08-29 02:21
Apparently it's one of the longest fed chair speeches at Jackson Hole in history. It's like 3600 words, which for a guy who says he doesn't like forward guidance, it seems like a lot of talking. Right.But I think it goes back to the idea that he was trying to correct some of the last presser, and the fact that he did explicitly mention that the fed cares about PCI is probably what the market was looking for. That said, I think the more people kind of digest this, the more uncertainty they're still going to ...