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Virtual Jackson Hole Underscores Uncertainty in Fed’s Next Steps

  • Powell set to deliver keynote address at Friday’s symposium
  • Fed chair likely to retain flexibility in uniting hawks, doves
Virtual Speakers During Federal Reserve Jackson Hole Economic Symposium
Photographer: Daniel Acker/Bloomberg

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Having already dashed plans for Federal Reserve officials to meet in person in Jackson Hole this week, rising coronavirus cases are now limiting what Jerome Powell can say about what comes next for U.S. monetary policy.