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What's in a framework?
Manage episode 501784031 series 3603731
The fashion world has the Met Gala. The movies have the Oscars. Central banking has an annual gathering in Jackson Hole, Wyoming. Fed Chair Jerome Powell will deliver a speech, where economists will be listening for clues on interest rates. But there’s another pressing issue looming over Powell’s speech: a new five-year framework for the Fed's interest rate strategy. We have an explainer. Plus, there's new evidence that first-time homebuyers remain undeterred.
66 episodes
Manage episode 501784031 series 3603731
The fashion world has the Met Gala. The movies have the Oscars. Central banking has an annual gathering in Jackson Hole, Wyoming. Fed Chair Jerome Powell will deliver a speech, where economists will be listening for clues on interest rates. But there’s another pressing issue looming over Powell’s speech: a new five-year framework for the Fed's interest rate strategy. We have an explainer. Plus, there's new evidence that first-time homebuyers remain undeterred.
66 episodes
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