The Kansas City Fed’s annual Jackson Hole Symposium convenes from August 22 to 24 this year, and the agenda is now available. Three things are notable:
As expected, there is no keynote address: neither Chairman Ben Bernanke nor Vice Chair Janet Yellen is giving a keynote address. Stan Fischer (former Governor of the Bank of Israel) is chairing the conference on the first day and Yellen on the second day. However, in the past this job has been administrative and does not include a speech.
The conference theme is the “Global Dimensions of Unconventional Monetary Policy” and it is loaded with interesting topics, including “The Natural Rate of Interest, Financial Crises and the Zero Lower Bound,” “The Transmission of Unconventional Monetary Policy,” “Monetary Policy Options and Tools,” “Global Liquidity,” and “Cross-Border Capital Flows.”
Some other notable players are missing: ECB President Mario Draghi, BOE Governor Mark Carney, and most of the FOMC members are not attending, although BOJ Governor Haruhiko Kuroda will be there. Many former Fed governors are no longer invited. And most of the chief economists at major financial firms do not attend.
Read the full report here.