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Warsh's first Jackson Hole: Bond yields, a Treasury rescue and inflation that refuses to fall

Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole address on Friday with long-term borrowing costs elevated, inflation above target and the US Treasury already intervening in bond markets to do what monetary policy has not.

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Warsh's first Jackson Hole: Bond yields, a Treasury rescue and inflation that refuses to fall
Source: Euronews
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Federal Reserve Chair Kevin Warsh delivers his first Jackson Hole address on Friday with long-term borrowing costs elevated, inflation above target and the US Treasury already intervening in bond markets to do what monetary policy has not.

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Originally published at

Euronews

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