CNBC Daily Open: Waiting for Warsh

Federal Reserve Chairman Kevin Warsh holds a press conference following a two-day meeting of the Federal Open Market Committee, as the Federal Reserve holds interest rates steady, at the Federal Reserve, in Washington, July 29, 2026.Evelyn Hockstein | ReutersHello, this is Leonie Kidd coming to you from London. The moment everyone has been waiting for could be the week's biggest disappointment.A great deal has been written about Fed Chairman Kevin Warsh this week, and what he may — or may not — say during his much-anticipated Jackson Hole speech. Read on for more.What you need to know todayThe market event of the week will come when Federal Reserve Chairman Kevin Warsh takes the stage in Jackson Hole on Friday.But will the new Fed boss keep investors guessing on the central bank's rate path and his views on the Treasury's intervention in the bond market? Prediction markets see low odds that Warsh will address these key matters in his address. As of Thursday afternoon, prediction market traders see just a 16% chance that he will mention the "bond market" and an 8% chance he says "yield curve," two terms that could reference the highs seen in Treasury yields last week.A CNBC Survey f...