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We delve into the history of the Federal Reserve’s annual Jackson Hole Economic Symposium.
Inflation seems to be easing since the central bank met in July. But analysts observe the dynamics among policymakers.
Attempting to curb the highest inflation in more than four decades, the Federal Reserve moved to raise its key rate to a range of 2.25% to 2.5%.
Energy, food and rent were big drivers of the 9.1% inflation reading. Where are those numbers headed?
The central bank has made its portfolio a key part of monetary policy. But the balance sheet’s economic impact isn’t entirely clear, experts say.
The economy is not where it needs to be on inflation, says Mary Daly, head of the Federal Reserve Bank of San Francisco.
It’s largely about preventing “inflationary psychology” from becoming entrenched, the Bank for International Settlements said.
It’s all about reducing the demand for labor.
Trevon Logan, professor of economics at The Ohio State University, says we’re looking at a “new normal” for the federal funds rate.
There is a very real chance that the country may end up paying a price for getting inflation under control. That price is recession.