I had high hopes of the Federal Reserve’s annual Jackson Hole conference. The conference was billed as a forum that would look at new approaches to the conduct of monetary policy — something I have been urging as necessary given secular stagnation risks and the sharp decline in the apparent neutral rate of interest. And the speech by Fed chairman Janet Yellen in a relatively academic setting provided an opportunity to signal that the central bank recognised new realities required new approaches.
我曾对美联储(Fed)的杰克逊霍尔(Jackson Hole)manbetx app苹果 央行年度研讨会寄予厚望。该研讨会被称为寻求货币政策新方法的论坛——鉴于长期增长停滞的风险和中性利率的急剧下降,我一直敦促有必要寻找货币政策新方法。美联储主席珍妮特•耶伦(Janet Yellen)在相对学术的环境下的演讲,让她有机会暗示,美联储已经认识到新现实需要新方法。