Kevin Warsh Drops the Fed’s Old Playbook in Jackson Hole (Video)

Kevin Warsh took the stage at the Jackson Hole symposium today. He delivered his first keynote address as Federal Reserve Chair. His message was direct, resolute, and unmistakably hawkish. Warsh warned policymakers that the battle against high inflation is not over. He reminded listeners that stable prices remain the central bank’s primary duty. The speech marked a sharp break from past Federal…