Yellen Sets Jackson Hole Agenda
As Federal Reserve Chair Janet Yellen stepped up to the microphone this morning in Jackson Hole, Wyoming, to deliver her first keynote speech at this annual conference since she succeeded Ben Bernanke, some wondered whether she would offer a policy-oriented speech and adopt an academic tilt to engage an audience consisting mostly of other central bankers and university professors. Some, like me, were also wondering whether Yellen would go further than Bernanke by taking more of a global perspective. It is, after all, a global central bankers' confab.
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