Filter by Categories
Jackson Hole Rates USD

Jackson Hole Nugget: “Structural Shifts in the Global Economy”

The Jackson Hole conference is a very binary event with the theme of the conference being "Structural Shifts In The Economy". Will the Fed take the opportunity to talk about a higher inflation target or will they try to kill all hopes of lower interest rates in to 2024? It is either or!
2023-08-24
<a href="https://stenoresearch.com/author/andreas/" target="_self">Andreas Steno</a>

Andreas Steno

0

My thoughts ahead of the action in Jackson Hole, Wyoming over the next 48 hours.

The full agenda will be released later 8 p.m. ET/6 p.m. MT.  Jerome Powell’s remarks will be streamed at 10:05 a.m. ET/8:05 a.m tomorrow.

When you label the conference “Structural Shifts in the Global Economy.”, wouldn’t it be weird for Powell to neglect such a headline by saying that “no, inflation has not structurally change and it will go back to target from here”?

It leaves two scenarios on the table …. 

The Jackson Hole conference is a very binary event with the theme of the conference being “Structural Shifts In The Economy”. Will the Fed take the opportunity to talk about a higher inflation target or will they try to kill all hopes of lower interest rates in to 2024? It is either or!

Get access / Login

0 Comments

STENO RESEARCH IS JOINING REAL VISION

From July 2025, Steno Research is joining Real Vision to create the ultimate macro research product for you!

As a subscriber, this means the following:

Yearly subscriber: For legal reasons, we cannot transfer your pre-paid subscription directly. You need to register with Real Vision and then we’ll transfer your pre-paid subscription quickly afterwards. Simply go to https://www.realvision.com/free and sign up - and then we’ll take care of the rest! We will shut down service of Steno Research on July 31st, so be sure to make the transfer to keep receiving our content.

Already a RV subscriber?
Please check that you are using the same e-mail. If yes, you don't need to do anything. If not, please contact [email protected].

Monthly subscriber: Your current monthly subscription with Steno Research will end during July (31st at the latest). To continue accessing our research (and more), you’ll need to sign up for a Real Vision membership. Check out your options on: https://www.realvision.com/pricing

For Institutional Clients:
- Your access has been moved to our new institutional offering at NowcastIQ.com
- If you haven’t been moved already, please contact [email protected]