Markets Brace for Policy Shifts as US Economic Team Weighs Rates and Buybacks

Bessent's Buybacks Versus Warsh's Rate Reality

Treasury Secretary Scott Bessent and Fed Chairman Kevin Warsh seem to have different instincts on some important policy issues — including whether to boost the economy or restrain it, and how much to communicate about policy inclinations. Aoifinn Devitt, Managing Director: Global Wealth at Moneta Group, discusses the markets, expectations for Kevin Warsh's Jackson Hole speech, and Bessent's treasury buybacks. (Source: Bloomberg)