What smart people in markets are saying about Kevin Warsh's Jackson Hole speech

Warsh doubled down on the Fed’s 2% inflation target and signaled rate hikes are still on the table — markets reacted immediately (the 2‑year Treasury jumped about 9–10 basis points).
He signaled the end of forward guidance, aiming for a “quieter” Fed that leans on real‑time data and a new policy playbook.
He also highlighted AI as a “new factor of production,” a standout point that grabbed economists’ attention.