Will 'Continue to See Dissent Under Warsh Fed' Says Jack Manley

Several Federal Reserve officials favored an interest-rate hike last month and many indicated that policy tightening would be necessary if inflation didn’t decline, a record of the central bank’s most recent policy debate showed. Uncertainty, however, continued to weigh heavily on Fed officials at their July 28-29 meeting. Jack Manley, Global Market Strategist at JPMorgan Asset Management, discusses what he expects to see at Jackson Hole, as well as his thoughts on the depth of the AI trade. ...