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The Federal Reserve opened its multi‑day Jackson Hole Economic Symposium in Wyoming on Aug. 26, an event one market watcher said could be one of the “more meaningful” gatherings in some time.
The Kansas City Fed began hosting the annual policy conference in 1978, centering the event on agricultural issues. Several years later, under then-Fed Chair Paul Volcker, it became a major annual retreat that financial markets closely watch for policy clues.
What makes this year’s meeting of policymakers, economists, and Wall Street titans notable is that it marks Fed Chairman Kevin Warsh’s first Jackson Hole since taking over as head of the U.S. central bank….
The Kansas City Fed began hosting the annual policy conference in 1978, centering the event on agricultural issues. Several years later, under then-Fed Chair Paul Volcker, it became a major annual retreat that financial markets closely watch for policy clues.
What makes this year’s meeting of policymakers, economists, and Wall Street titans notable is that it marks Fed Chairman Kevin Warsh’s first Jackson Hole since taking over as head of the U.S. central bank….
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