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Jackson Hole Without Bernanke Focuses on Global Policy

The Federal Reserve’s annual monetary conference in Jackson Hole, Wyoming, will probably focus on global central banks as Ben S. Bernanke becomes the first Fed chairman to pass up the meeting since 1988.

“In recent years we’ve all been looking for clues and signals from the Fed, and that won’t happen this time,” said Eric Green, global head of research for TD Securities in New York and a former New York Fed economist. “It will be a very international view of monetary policies,” with a focus on how “global reflation is persisting at a slower rate.”