Federal Reserve officials expressed concerns about stubbornly high inflation at Jackson Hole. Some policymakers believe further interest rate increases may be necessary soon. Persistent price pressures could threaten the central bank's credibility and credibility. Inflationary mindsets might embed themselves within the economy over time. Investors await further data and signals on the monetary policy outlook.

The Federal Reserves Jackson Hole symposium, scheduled for August 27-29, will draw close attention as Chair Kevin Warsh makes his expected debut. Investors seek signals on…

Bond market pressures Fed Chair Warsh to address inflation. Pause in rate hikes at next three meetings now at 65% YES.