Business & Finance
Investors Looking For Rate Clarity From Warsh Likely Disappointed, Says Jack Manley
Key Points
Jack Manley, Global Market Strategist at JPMorgan Asset Management, said that he's not expecting to get any information about the path of rates from Fed Chair Kevin Warsh's remarks in Jackson Hole. Manley said that he expects Warsh to paint inflation as the 'be all, end all' for the Fed's economic policy decisions and potentially give insight into how he is measuring that data.
Jack Manley, Global Market Strategist at JPMorgan Asset Management, said that he's not expecting to get any information about the path of rates from Fed Chair Kevin Warsh's remarks in Jackson Hole. Manley said that he expects Warsh to paint inflation as the 'be all, end all' for the Fed's economic policy decisions and potentially give insight into how he is measuring that data. (Source: Bloomberg)