WHY YOU SHOULD CARE ABOUT JACKSON HOLE Mohame
Post# of 5789
Mohamed A. El-Erian (who celebrated his birthday on Tuesday!): “I see at least three issues that they need to address, the resolutions of which are crucial to the well-being of both current and future generations: What can be done to put more people back to work? Long-term unemployment and youth joblessness remain big problems throughout the developed world … This will be the topic of Fed Chair Janet Yellen’s keynote speech. How much power do central banks really have? …. What is the global impact of central bank policies? After a long period in which the world's largest central banks were all pushing in the same direction, they're now reaching the point where their policies will diverge. .. Jackson Hole offers a rare opportunity for central bankers to consider the international consequences in a direct and frank manner”
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