The Guardian Business · Экономика · 28 мин назад
US Federal Reserve’s Kevin Warsh gears up for key Jackson Hole conference as inflation fears mount – business live
Rolling coverage of the latest events in global financial markets, the economy and major corporate moves Andy Burnham’s latest “everyday fix” to ease the cost of living will be to clamp down on rogue bailiffs, amid concerns that vulnerable people are being overcharged and face aggressive behaviour. The prime minister said on Friday that he was strengthening the rules that apply to bailiffs in England and Wales to bet…
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All eyes are on a mountain valley in Wyoming today, as central bankers and economists gather close to Yellowstone national park for a top-level symposium.
Inflation, and the bond market , is top of the agenda at the annual Federal Reserve symposium at Jackson Hole this year, as the Iran war puts pressure on the global economy.
Jackson Hole has been dubbed the Davos for central bankers, and today the financial markets are bracing for a speech from the world’s most powerful central bank chief, Kevin Warsh , at 3pm UK time (10am Eastern) .
Warsh is under pressure to provide clarity on how the Federal Reserve , which he leads, should deal with inflation if price pressures don’t abate. Last month he created uncertainty by suggesting that the markets, not the Fed , should take the lead on tightening financial conditions.