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Insights from Jackson Hole: Past and Present
This chapter explores the distinctive atmosphere and dress code at the Jackson Hole conference, highlighting the limited media access and the thematic shifts from year to year. It reflects on impactful past events, including Raghuram Rajan's foresight on the borrowing bubble and Alan Greenspan's retirement honors, while examining the current economic uncertainties faced by central bankers. The discussion also delves into the expectations surrounding a notable speech and the disconnect between anticipations and actual policy stances.