If the Warsh Fed follows through with rate hikes, it would increase borrowing costs for Americans and potentially put him in the crosshairs of the rate-cut loving president who appointed him.

Kevin Warsh has adopted a less is more approach to communication. At his first major speech on Friday, investors want to hear more.

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…