Investors have not experienced a quiet summer as Federal Reserve Chairman Kevin Warsh and US Treasury Secretary Scott Bessent pursue a series of closely watched policy decisions. Warsh has left markets uncertain about how the Federal Reserve plans to combat inflation under his leadership, with Fed watchers looking for answers at the annual gathering of central bankers in Jackson Hole, Wyoming. Bessent’s Treasury, meanwhile, has made surprise interventions aimed at strengthening the Japanese yen and curbing long-term borrowing costs.