From fighting inflation to avoiding recession: Monetary policy changes direction
Jackson Hole meeting confirms that central banks’ concerns have shifted from prices to employment and economic activity in search of an elusive soft landing
Jackson Hole meeting confirms that central banks’ concerns have shifted from prices to employment and economic activity in search of an elusive soft landing
Ben Bernanke, who served as Federal Reserve chair from 2006-2014, will examine how procedures and analysis affected the decisions of the bank’s Monetary Policy Committee
In the end, the 11 voting members of the Fed’s interest-rate setting committee agreed unanimously to skip a hike after 10 straight increases
Hawks and doves hammer out their differences at major gathering of the European Central Bank in Sintra, Portugal