Federal Reserve Chairman Kevin Walsh will attend Jackson Hole annual meeting, with market focus on policy communication

According to the Financial Times, Federal Reserve Chairman Kevin Walsh will attend the Jackson Hole annual meeting as the chairman of the Federal Reserve this Friday and deliver a speech. The current US public debt has exceeded $40 trillion, and long-term US bond yields have risen to a 19 year high. US President Trump has announced the imposition of equivalent tariffs on Canada and threatened to impose an economic D-Day on Iran. Federal Reserve Chairman Kevin Walsh and US Treasury Secretary Bessent are facing policy communication pressure, and the market is paying attention to Federal Reserve Chairman Kevin Walsh's explanation of the policy communication framework.