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Even virtual, the central bankers' forum is expected

2020-08-26T20:01:12.484Z


The Fed chairman opens the symposium usually held in Jackson Hole, Wyoming, on Thursday.Jackson Hole, a famous ski resort in Wyoming, United States, brings together financial VIPs every summer. Since 1982, central bankers around the world have come together to reflect on the challenges and trends facing the global economy. Covid-19 pandemic requires, they will only be present virtually this year. Above all, they will not really address the theme initially chosen: " Navigating the com...


Jackson Hole, a famous ski resort in Wyoming, United States, brings together financial VIPs every summer. Since 1982, central bankers around the world have come together to reflect on the challenges and trends facing the global economy. Covid-19 pandemic requires, they will only be present virtually this year. Above all, they will not really address the theme initially chosen: " Navigating the coming decade: implications for monetary policy."

Read also: Central bank liquidity injections are not unlimited

The big financials have poured trillions of dollars, euros and other currencies into the global economy in recent months. They will instead focus this weekend on the economic disasters caused by the coronavirus and on the help they can still provide. In the current ocean of uncertainties, their word is watched with as much, if not more, feverishness than usual. In particular, that of Jerome Powell, Chairman of the Federal Reserve (Fed), whose

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Source: lefigaro

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