Gardner: ‘Would Give the Fed Chair an A’ After Jackson Hole Speech

Rick Gardner of RGA Investments says markets are responding positively to Fed Chair Kevin Warsh’s Jackson Hole speech. Gardner says Warsh appeared flexible on whether additional rate hikes are needed while keeping inflation at the center of the Fed’s policy debate. He also points to Warsh’s use of new task forces as a sign that it is no longer business as usual at the central bank.