Taper First, Rate Hikes Comes Much Later

The Jackson Hole Symposium meeting happened over the weekend, where prominent central bankers, finance ministers, academics, and financial market participants from around the world converged to discuss economic developments and policies albeit virtually. The highlight was the speech by Fed Chair, Jerome Powell. Prof. Hans Genberg, Professor of Economics at Asia School of Business weighs in on what was the key takeaways from this event.

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