"It will be difficult for policymakers to tease out one-off tariff effects from longer-lasting inflationary pressures."
Will Jerome Powell signal a jumbo Fed rate cut at Jackson Hole?
BY CHRISTOPHER CONDON AND BLOOMBERG
August 18, 2024
Economists at Jackson Hole say more labor market cooling may cause bigger jumps in unemployment
August 24, 2024
"It will be difficult for policymakers to tease out one-off tariff effects from longer-lasting inflationary pressures."
Another contested meeting would mark further deviation from the Fed's traditional consensus-driven, decision-making process.
The Federal Reserve chair gave prepared remarks at the Fed’s annual economic symposium in Jackson Hole, Wyoming.
A widening battle for control of the U.S. central bank, considered an anchor institution of the global financial system, seems to…
July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.
Adam Posen, president of the Peterson Institute, said Powell's remarks translated to: "even if it pleases the president, we’re…
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