Yellen, Draghi Head to Jackson Hole Amid Inflation Unease
- Global policy makers to discuss pitfalls in removing stimulus
- Common themes span low inflation, productivity and growth
The world's top economists and central bankers gather at Jackson Hole later this week amid tepid global inflation which will be among the hot topics on the agenda. But should they be so obsessed with price rises or take a bigger picture view of their mandates. Bloomberg's Enda Curran reports on 'Bloomberg Markets: Asia.' (Source: Bloomberg)
As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.
Federal Reserve Chair Janet Yellen and European Central Bank President Mario Draghi will be among the officials addressing this year’s installment of the annual conference hosted by the Kansas City Fed. The summit, held at a Jackson Hole mountain retreat, comes as central banks in advanced economies creep toward the policy exit after years of unprecedented easing, even with outlooks are clouded by stubbornly tepid inflation.