Tuesday, August 20, 2013

The Rise of the Fed’s Jackson Hole Symposium

August 1982. Unemployment was over 10%, inflation was running in the low teens, the prime interest rate peaked at a record 21.5%, and banks were failing at the highest rate since the Great Depression. This month in market history, the Federal Reserve's Jackson Hole Symposium, hosted by the Kansas City Fed, took on new importance, [...]

by via Yahoo! Finance: Top Stories

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