Bloomberg Surveillance Live From Jackson Hole 8/28/2026

Tom Keene and Lisa Abramowicz host a special edition of "Bloomberg Surveillance" live from Jackson Hole. In his debut as Fed Chair at the annual gathering, Kevin Warsh warned inflation isn’t meaningfully slowing and said policymakers still have “work to do” unless they can be confident it is. Guests include Cleveland Fed President Beth Hammack, former Kansas City Fed President Esther George, the Bank of England’s Catherine Mann, Cornell University’s Eswar Prasad, Citi Wealth CIO Kate Moore, NewEdge Wealth CIO Cameron Dawson and PIMCO Global Economic Advisor Richard Clarida. Chapters: 00:00:00 - Surveillance Jackson Hole Special 00:02:38 - Warsh's Policy Shift, Fed Credibility, Inflation Risks & Market Uncertainty 00:03:34 - Beth Hammack | Inflation Too High, Why the Fed May Need Higher Rates & Restoring Credibility 00:16:16 - Esther George | New Fed Leadership, Inflation Risks, Rate Cuts Debate & Policy Credibility 00:23:44 - Cameron Dawson | Markets vs. the Fed, Financial Conditions, Rate Hikes & Investor Expectations 00:28:48 - Catherine Mann | Global Inflation, Supply Shocks, Monetary Policy & Why Central Banks Remain Hawkish 00:39:38 - Eswar Prasad | The Dollar's Future, Stablecoins, Reserve Currency Risks & Global Financial Fragmentation 00:46:43 - Richard Clarida | What Markets Need from Warsh, Fed Framework Changes & Inflation Strategy 00:51:39 - Kevin Warsh Fed President | 2% Inflation Target Remains Firm, Inflation Not Moving Fast Enough & "We Have Work To Do" 01:11:13 - AI Investment Boom, Capex Growth, Corporate Profits & Productivity Potential 01:14:41 - Inflation Still Too High, Price Stability Mandate & Conditions for Future Rate Hikes 01:20:55 - Immediate Reaction to Warsh's Jackson Hole Speech 01:24:42 - Did Warsh Signal a Rate Hike? Inflation, Policy Framework & Fed Credibility 01:27:38 - Kate Moore Citi | Market Reaction, 2% Inflation Commitment, Equities & Higher Rates 01:42:11 - Breaking Down Warsh's Message, AI Productivity & Rate Hike Expectations -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts