New Fed chairman makes debut at Jackson Hole: what if the only clue for markets is in the tie color?

The new chairman of the US Federal Reserve makes his debut at the annual Jackson Hole meeting at a particularly sensitive time, with US debt interest rates at highs not seen in nearly two decades and the relationship between the Treasury and the central bank under pressure. Markets are waiting for signals from the Fed leader, but reduced communication has been the distinctive hallmark of the new leadership, making the task of anticipating the direction of monetary policy more difficult.

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