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Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge

Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.

© Natalie Behring/Getty Images

Federal Reserve Chairman Kevin Warsh at the Jackson Hole Economic Symposium in Jackson Hole, Wyo., on Friday.
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Warsh’s Big Test at Jackson Hole

Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.

© Evelyn Hockstein/Reuters

Investors are eagerly awaiting today’s speech by Kevin Warsh, the Fed chairman.
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