Federal Reserve Chairman Warsh’s more hawkish speech on Friday at the Fed’s Jackson Hole conference sustains our expectation for the Fed to raise the Fed Funds rate. We read the speech as not just expressing concern about inflation persisting above the Fed’s target but also recognising that amidst robust economic growth and a historically low unemployment rate of 4.1%, monetary
policy is not restrictive.

Read | Eastspring’s CIO Views Weekly Bulletin

Vis Nayar

Vis Nayar is the Chief Investment Officer and a member of the Executive Management Committee at Eastspring Investments. Vis spearheads Eastspring’s investment platform encompassing equities, fixed income, multi asset and quantitative solutions, and oversees investment offerings across markets.

Information provided is general information and is for educational purposes only, and does not include, or constitute as, financial product advice.