-
Central Bankers Gather for Jackson Hole Conference
Central bankers from around the world are gathering in Jackson Hole, Wyoming, for the Federal Reserve Bank of Kansas City’s annual two-day gathering. Before the meeting officially gets underway Thursday evening, officials including Philadelphia Fed President Patrick Harker and his Boston Fed counterpart, Susan Collins, will comment ahead of Chair Jerome Powell’s opening speech Friday. Investors will parse everything out of the symposium for clues on the outlook for interest rates, which the Fed in July lifted to a range of 5.25% to 5.5%, the highest level in 22 years. In addition to US policymakers, European ... (full story)