The Fed’s cutting of interest rates will help reflate global liquidity. — Reuters
AUGUST for central bankers is Jackson-Hole month, where the Kansas Federal Reserve Bank has hosted leading central bankers, finance ministers, academic professionals and financial market participants since 1974, to discuss current international trends and central bank policy issues in Jackson Hole, Wyoming.
The Policy Symposium is traditionally opened by the chairman of the US Federal Reserve (Fed). Last year’s theme, “Structural Shifts in the Global Economy” fundamentally reviewed the lingering impact of the pandemic, inflation and monetary policy response.
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