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Fed Faces High Stakes Test at Jackson Hole

The Fed's independence was sacred right up until Treasury started trading the bond market like it wanted a vote.

Fed Chair Kevin Warsh heads into Jackson Hole under heightened scrutiny after the Treasury’s intervention in the bond market raised questions about the traditional boundaries between fiscal and monetary policy. Host of Bloomberg Money Tom Keene and Veda Partners Co-Founder Henrietta Treyz are on Bloomberg This Weekend and discuss how investors will be watching for how Warsh addresses inflation, market volatility and Fed independence as economic and geopolitical uncertainty complicate the outlook. (Source: Bloomberg)

Read it at Bloomberg Markets

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