Bill Dudley, Columnist

Five Big Questions for the Fed at Jackson Hole

There’s plenty to address beyond next month's interest-rate move.

August 16, 2024 at 6:30 AM EDT

Bill Dudley is a Bloomberg Opinion columnist. A former president of the Federal Reserve Bank of New York, he is a nonexecutive director at Swiss Bank UBS and a member of Coinbase Global's advisory council.

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When US Federal Reserve Chair Jerome Powell speaks at next week’s annual economic conference in Jackson Hole, Wyoming, people will be listening intently for any hint about what the central bank will do with interest rates at its September policy making meeting.

They’ll probably be disappointed. Still, there are plenty of crucial questions about the future of monetary policy that Fed officials can and should address.