Low rates and high anxiety at Jackson Hole
August 25, 2016 Sam Fleming in Jackson Hole
The Fed’s annual gathering wrestles with tough questions about the future of central bank policy
The
opening event for many of the central bankers gathering for their
annual symposium in Wyoming this year is not an academic address on
monetary policy but a meeting with a coalition of left-leaning
activists.
Eight top US policymakers, including Bill Dudley of the New York Fed
and Lael Brainard, a Fed governor, are due on Thursday to sit with
representatives of the Fed Up group, among them workers on low wages
from around the country.
They are likely to hear warnings against higher official interest rates and complaints that the central bank’s leadership is insufficiently diverse.
-go to link-
They are likely to hear warnings against higher official interest rates and complaints that the central bank’s leadership is insufficiently diverse.
-go to link-
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