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Fed Watchers Scrutinize Jackson Hole for Hints on Interest-Rate Outlook
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Federal Reserve officials returning to Grand Teton National Park for the Kansas City Fed’s annual economic symposium on Thursday face one of the most challenging economic backdrops since officials began hosting the event in Jackson Hole, Wyo., in 1982.
U.S. inflation is running close to a 40-year high, while unemployment is at half-century lows. Global economies are reeling from the effect of multiple shocks—the coronavirus pandemic, a massive fiscal and monetary policy response, and the fallout from Russia’s war in Ukraine. Central bankers could soon confront difficult trade-offs between bringing down inflation and preventing a large rise in unemployment.
Read more on wsj.comAbout this in other media
Fed’s Mester Says More Rate Rises are Needed Amid Inflation Surge wsj.com /1 year ago
Fed Vice Chair Brainard vows 'we are in this for as long as it takes' to stop inflation cnbc.com /1 year ago
Want to know the future of crypto market in 2022? Read this report ambcrypto.com /1 year ago
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