JACKSON, Wyo. — A prominent gathering of the world’s A-list bankers is set to begin today in Jackson Hole.
The Federal Reserve Bank of Kansas City will host dozens of central bankers, policymakers, academics and economists from around the world at its annual economic policy symposium at the Jackson Lake Lodge in Grand Teton National Park from Aug. 25-27.
The bank said this year’s symposium, titled “Reassessing Constraints on the Economy and Policy,” will “explore the emergence of economic constraints during the pandemic and how supply considerations have returned to center stage.”
For more than three decades, the Federal Reserve Bank of Kansas City has hosted the annual Economic Policy Symposium in Jackson Hole. Grand Teton National Park is located in the Tenth Federal Reserve District, which is served by the Federal Reserve Bank of Kansas City.
“Removed from the day-to-day political and market pressures, this event takes place each year within the Kansas City Fed’s region,” says President and CEO, Esther L. George, of the symposium’s location. “This site, which allows attendees to step back and challenge their assumptions, is a key component of the Symposium’s success.”
The Federal Reserve Bank of Kansas City recovers the cost of hosting the symposium from its attendees.
This even applies to members of the news media, who in practice are typically admitted without charge at most other conferences, must pay the standard fee to attend. In addition, attendees are responsible for paying for their own airfare, lodging and all other expenses for activities they might undertake in Jackson Hole on their own time.
The full agenda will be available at here at 7 p.m. tonight. On Friday, Aug. 26 at 9 a.m. CT, Federal Reserve Chairman Jerome Powell’s remarks will be streamed on the Kansas City Fed’s YouTube channel, here. Papers and other materials will be posted on the Kansas City Fed’s website as they are presented during the event.
The annual retreat for the banking industry worldwide has been held in Jackson Hole since 1982.
