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As the Federal Reserve’s annual economic symposium got underway Thursday at a lodge in Grand Teton National Park, some of the very problems Fed officials are grappling with – high inflation, soaring rental costs and home prices and wide economic inequalities – were starkly evident near the idyllic mountain setting.
A half-hour drive or so from the Jackson Hole resort where the high priests of international finance — leading economists and central bank officials — have convened to discuss the world’s economic challenges, Ash Hermanowski oversees the distribution of about 1,200 free meals a day.
The Fed is trying to slow the economy just enough to cool inflation — without causing a recession.
JACKSON HOLE, Wyoming (AP) — A half-hour drive or so from the resort where the high...
As the Federal Reserve's annual economic symposium gets under way Thursday at a lodge in Grand Teton National Park, some of the very problems Fed officials are grappling with are starkly evident near the idyllic mountain setting.