My expectation that nothing of interest would happen at the Federal Reserve’s Jackson Hole conference turned out to be wrong. Fed chair Jay Powell’s speech was boring, sure, but three academics redeemed the proceedings by presenting a paper investors would do well to read.
我曾以为美联储(Fed)杰克逊霍尔(Jackson Hole)会议上不会发生任何有趣的事情，事实证明我错了。美联储主席杰伊•鲍威尔(Jay Powell)的演讲确实很无聊，但三位学者演示的一篇论文挽救了这场会议——这篇论文投资者应该好好阅读。
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