This chapter explores the current economic landscape, characterized by cautious optimism in business investments and a recovering mortgage sector. It discusses the interplay between rising unemployment, inflation trends, and the varied experiences of different income groups, emphasizing the need for transparent economic policies. Additionally, the chapter examines the effects of interest rates on the housing market and the implications of fiscal policies on future economic stability.
Bloomberg's Surveillance hosts Tom Keene and Lisa Abramowicz head out to Wyoming for the Fed's Jackson Hole Symposium.They speak with some of the biggest names in Central Banking, including:
- Raphael Bostic, Atlanta Fed President
- Loretta Mester, Former Cleveland Fed President
- James Bullard, Former St Louis Fed President
- Thomas Hoenig, Former Kansas City Fed President
- Patrick Harker, Philadelphia Fed President
See omnystudio.com/listener for privacy information.