Fed Chair Warsh Leans Hawkish In Jackson Hole Speech (Live Coverage)

Federal Reserve Chairman Kevin Warsh said he's focused on inflation and the 2% target amid strong economic signals. The S&P 500 was little changed and the 10-year Treasury yield edged higher after release of the transcript at 10 a.m. ET. Recent developments since the July 29 Fed meeting raised the stakes for Warsh's talk.