In his first Jackson Hole speech, the new Federal Reserve chairman said policymakers will return inflation to their 2 per cent target.

Fed Chair Kevin Warsh delivers his first Jackson Hole address as 30-year yields top 5.2% and US inflation stays above target for a fifth straight

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…