'We Got What We Needed From This Speech,' Says Citi's Kate Moore

• Warsh's speech provided clarity on the economy's strength and the Fed's laser-focus on the 2% inflation target, leading to market stability.
• Equity markets are less sensitive to higher rates than the economy, supported by double-digit earnings growth, high revenues, and rising guidance.
• Productivity growth is expected to continue over the next 12-24 months, contributing to the market's ability to absorb potential rate hikes.

Kate Moore of Citi Wealth reacts positively to Fed Chair Kevin Warsh's Jackson Hole speech, stating the market 'got what it needed.' She highlights the economy's strength, robust earnings, and commitment to the 2% inflation target, suggesting equities can withstand higher rates due to strong fundamentals and productivity growth.