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Jackson Hole Guide: Investors Seek Yellen Job-Market View
Here’s what to look for from the Federal Reserve Bank of Kansas City’s annual economic symposium in Jackson Hole, Wyoming, which runs Aug. 21-23. -- Yellen’s keynote: The highlight will be Fed Chair Janet Yellen’s speech Aug. 22 on labor markets at 10 a.m. New York time. She’ll probably reiterate the Fed’s view that there is plenty of room for improvement in the labor market, according to Dean Maki, chief U.S. economist at Barclays Plc in New York. -- In July, the Federal Open Market Committee changed the language of its policy statement to highlight “significant underutilization of labor resources” ... (full story)
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