On August 22 Chair Powell will speak at the Kansas City Federal Reserve’s annual symposium in Jackson Hole Wyoming. The title of this year’s get together of central bankers from around the world, government officials, and academics is " Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy ”. As you can tell the title isn’t “ Will the FOMC Lower the Funds Rate at the September 17 FOMC meeting. ” Anyone expecting Chair Powell to provide any hint of what will happen at the September meeting will be disappointed, but that won’t stop Wall Street...
