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Podcast: The Afternoon Update with Lynlee Foo
Episode: Money in the Market: What were the major takeaways from the Jackson Hole Symposium?
Description: This year’s Jackson Hole Symposium, which brings together the leading central banking heads of the world, was held in the US state of Wyoming. On Friday, Federal Reserve Chair Jerome Powell called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come. While acknowledging that progress has been made and saying the Fed will be careful in where it goes from here, the central bank leader said inflation is still above where policymakers feel comfortable. He noted that the Fed will remain flexible as i...