Watch for Fed Policy Evolution, and Allocate Accordingly
Discourse at last month’s FOMC meeting revealed internal dissent — and perhaps a shift in Fed policy. This week’s Jackson Hole symposium may provide further signals.
Rick Rieder
August 20, 2014
A sign for the "Federal Reserve Reception Dinner" is displayed during the Jackson Hole economic symposium, sponsored by the Kansas City Federal Reserve Bank at the Jackson Lake Lodge in Moran, Wyoming, U.S., on Thursday, Aug. 22, 2013. The U.S. central bankís bond buying is a less potent tool for stimulating growth than policy makers believe, two economists said in a paper released Aug. 23 at the conference. Photographer: Price Chambers/Bloomberg
Price Chambers/Bloomberg
