macro

And markets like it

Fed Chair Kevin Warsh says underlying inflation has not meaningfully improved, keeping a September rate hike possible as policymakers assess price pressures.

Also, a new film franchise is born on YouTube

US central bank chair’s Jackson Hole hint that rates may rise runs counter to the reduction in borrowing costs the US president desires

Federal Reserve Chair Kevin Warsh’s first Jackson Hole speech gave central bankers and investors greater clarity on how he views the economy and the Fed’s path ahead, though questions remain about the timing and number of potential rate hikes. Bloomberg Odd Lots co-host Joe Weisenthal is on Bloomber

Warsh reiterated that policymakers have a "firm, fixed target" of 2% inflation at the 2026 Jackson Hole Economic Policy Symposium. Bloomberg's Maria Eloisa Capurro explains. (Source: Bloomberg)

This might be remembered as a moment when the central bank switched approach

Fed Chair Kevin Warsh says underlying inflation has not meaningfully improved, keeping a September rate hike possible as policymakers assess price pressures.

Also, a new film franchise is born on YouTube

US central bank chair’s Jackson Hole hint that rates may rise runs counter to the reduction in borrowing costs the US president desires