Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks

Fed officials try to keep focus on economy as Trump intensifies attacks

JACKSON, Wyo. – At first glance, this year’s Jackson Hole conference proceeded a lot like in years past. Attendees of the storied economics conference in Wyoming, who mostly hail from central banks around the world, engaged in a healthy debate about the outlook for monetary policy, the latest developments in inflation and structural shifts across the labor market.

Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks

The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s Jackson Hole conference.