Investors are turning their attention to the annual Jackson Hole symposium this week for clues on how the U.S. Federal Reserve plans to navigate an increasingly complicated policy environment, with higher Treasury yields already tightening financial conditions.
The gathering, hosted by the Federal Reserve Bank of Kansas City, has traditionally been an important venue for Fed officials to signal their outlook for interest rates. However, investors expect a departure from that approach this year as Fed Chair Kevin Warsh prepares to deliver his first Jackson Hole speech on Friday.
