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Kevin Warsh just rattled markets at Jackson Hole

Kevin Warsh just rattled markets at Jackson Hole

Federal Reserve Chairman Kevin Warsh delivered his first Jackson Hole keynote on Friday, August 28, and markets read it as decisively hawkish. Warsh said PCE inflation is running at 3.7% year-over-year and 4.1% annualized over the past six months, described the labor market as consistent with full employment at 4.1% unemployment, and said he ...

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