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The Guardian - UK
The Guardian - UK
Business
Richard Partington Senior economics correspondent

New Fed chair faces critical test at Jackson Hole as inflation fears mount

Kevin Warsh Donald Trump Inflation Jackson Hole Anxiety United States US Federal Reserve US Treasury
Donald Trump speaks with Kevin Warsh at the latter's swearing-in ceremony
The new Federal Reserve chair, Kevin Warsh, was appointed by Donald Trump earlier this year. Photograph: Evelyn Hockstein/Reuters

The new US Federal Reserve chair, Kevin Warsh, faces a critical test this week amid anxiety in government bond markets over inflation and Donald Trump’s tax and spending plans.

As the world’s most powerful central bank prepares for its annual Jackson Hole conference, analysts said bond traders would be looking for signals from Warsh over its commitment to fighting inflation.

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