Since 1978, the Federal Reserve Bank of Kansas City has played host to central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium in Jackson Hole, Wyoming.
This year’s symposium is titled “Reassessing Constraints on the Economy,” and it takes place from Thursday to Saturday and Fed Chair Jerome Powell headlines the event.
We don’t yet know the topic of his keynote speech, but it's largely expected to give some additional clarity on how the Fed plans to keep raising short-term interest rates in an effort to get inflation under control. Whether markets believe him is a different question.
Chart: Market vs Fed Dot Plot
Chart: Easing Financial Conditions
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Music:
Cold Funk - Funkorama by Kevin MacLeod is licensed under a Creative Commons Attribution license. Source. Tracking ID: 1-05317873
