“We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed,” Warsh said. “Otherwise, we have work to do.”

Federal Reserve Chair Kevin Warshs first Jackson Hole speech comes as markets grapple with sticky inflation, elevated oil prices and shifting rate expectations. Investors will…

Fed Chair Kevin Warsh reiterated his commitment to fighting inflation in a major speech — raising expectations that rate hikes may be coming, though he did not clearly spell out a…