Global Daily: Go fish

Central bankers, economists, and journalists flock to the town for the Fed’s annual policy symposium. Warsh is scheduled to be the keynote speaker today. Previous Fed chairs have used this opportunity to flag turning points in US monetary policy, but since taking the helm at the Fed, Warsh has been avoiding every form of forward guidance. Will he stick to his script and tell people asking about the direction of Fed policy to do what made Jackson Hole the venue for the symposium – “go fish”?