Economics
Jackson Hole Ticket Not Guaranteed for Top Fed Staff
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Some Federal Reserve officials accustomed to an automatic invitation to the central bank’s annual mountainside symposium in Jackson Hole, Wyoming, are finding themselves empty handed this year.
The Kansas City Fed bank in recent years has welcomed the president and research director from each of the 11 other regional banks. For this year’s Aug. 26-28 conference, a regional bank may only send one of the two officials. Also, unlike in previous years, the New York Fed’s markets chief, currently Brian Sack, isn’t invited.