Economics

Jackson Hole’s Greatest Hits Keep Focus on Fed’s Annual Retreat

Investors awaiting Powell’s speech on Friday for policy signs
Fed chairs have used Jackson Hole retreat for pronouncements

Jerome Powell and then Bank of England governor Mark Carney walk the grounds during the Jackson Hole economic symposium in 2019.Photographer: David Paul Morris/Bloomberg

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By Rich Miller

August 27, 2021 at 9:00 AM UTC

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In his first three years atop the Federal Reserve, Chair Jerome Powell has followed in the path of his predecessors and used the central bank’s annual Jackson Hole symposium to make major pronouncements on monetary policy and the economy.