Next week it is the jobs data’s world, we just live in it. At the Jackson Hole conference, Federal Reserve chairman Janet Yellen highlighted central bank research on labor-market conditions that depends on up to 24 different labor-related series. Show More Summary
By Markos Kaminis: In my article, Yellen vs. Putin - Who Wins?, I pondered which market influencer would wield the most power. When authored, Janet Yellen had just given her speech in Jackson Hole, focusing on labor market slack, and thus removing tension around the issue of Fed rate hikes. Show More Summary
Every year, top global financial policymakers gather in Jackson Hole, Wyoming for a summit. Bank of Japan (BOJ) Governor Haruhiko Kuroda was there, and delivered a disappointing message to those who were waiting for a ramp-up of the bank’s money printing.
At the Jackson Hole economic conference last week, Janet Yellen said the Fed wasn’t ready to raise interest rates any time soon. Photo by Andrew Harrer/Bloomberg via Getty Images A note from Paul Solman: Making Sen$e’s old friend Terry Burnham is back with another grim counter to the conventional wisdom. Show More Summary
In remarks made recently to a Central Banking Conference meeting in Jackson Hole, WY, Federal Reserve Chairwoman Janet Yellen attributed at least some of the persistent unemployment/underemployment woes in today’s job market to the fact...Show More Summary
The Wall Street Journal’s Daily Report on Global Central Banks for Thursday, August 28, 2014: Sign up for the newsletter: http://on.wsj.com/grandcentralsignup HILSENRATH’S TAKE Why in Jackson Hole last week did Mario Draghi signal more easing by the European Central Bank while Janet Yellen signaled the Federal Reserve is taking a patient path toward interest rate increases?
You can't go two hours without seeing a new ALS Ice Bucket Challenge in your newsfeed, and ski resorts haven't been immune to the viral phenomenon. Want to know how big-time resorts like Aspen Snowmass, Jackson Hole, and Whistler Blackcomb...
By Marc Chandler: In her rather wide-ranging discussion of the labor market at Jackson Hole, Fed chief Janet Yellen was open to the possibility that some structural forces were at work. She was also cognizant that the modern economy simply does not need as many full time workers as it has in the past. Show More Summary
ECB President Mario Draghi is recognizing that the recovery in the Euro area remains uniformly weak.
Submitted by Louis & Charles Gave via Evergreen Gavekal, Last week’s Jackson Hole meeting helped to highlight a simple reality: unlike other parts of the world, the eurozone remains mired in a deflationary bust six years after the 2008 financial crisis. Show More Summary
(August 26, 2014 04:30 PM, by Scott Sumner) Vaidas Urba sent me an interesting piece from the Financial Times: For macro investors, the end of summer is usually signalled by the Kansas City Fed's annual conference at Jackson Hole. On occasions, former Fed chairman Ben Bernanke used this... (0 COMMENTS)
Fischer and demonstrators at Jackson Hole
Brad DeLong notes that Mario Draghi, the head of Europe's central bank, went off text in his speech at Jackson Hole. Here's his summary of Draghi's extended ad-lib: The speech text says: The ECB knows that inflation has declined. The...Show More Summary
Joe Weisenthal notes Lorcan Roche Kelly of Agenda Research on an [extended ad-lib] in Mario Draghi's Jackson Hole speech. Ad lib emphasized; things in the text not mentioned struck through: : http://www.businessinsider.com/the-key-part-of-mario-draghis-jackson-hole-speech-2014-8...Show More Summary
By Best Credit: Fed chairwoman Janet Yellen spoke Friday about the prospect of raising the Federal Funds Rate. During the course of her keynote address at the annual Jackson Hole symposium, Yellen revealed... well, nothing really. Raising...Show More Summary
BEIJING (AP) — Global stocks were mostly lower Tuesday as investors digested signals from the Jackson Hole meeting of central bankers and looked ahead to data expected to show an improving U.S. economy.
By Rick Rieder: As market watchers dissect Federal Reserve (Fed) Chairwoman Janet Yellen’s widely anticipated Jackson Hole Symposium comments, many are focusing on her statements regarding how the U.S. jobs market has not yet fully recovered. Show More Summary
New Fed Chairman Janet Yellen and other major central bankers at their annual Jackson Hole conference seem to have committed a heresy by advocating full employment as the goal of central bank policies, above and beyond fighting inflation. Show More Summary
Powder Magazine has an excellent story out on how Jackson Hole's new high-speed quad, the Teton Lift, will drastically change the mountain. Although the lift won't be completed until the 2015-2016 season, the Teton Lift will allow easier access to...