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