Economics

Powell, Trump and Amazon Effect: What We Heard at Jackson Hole

  • Fed chief cements Sept. hike, spells out gradualist doctrine
  • Conference debates what superstar firms mean for economy
Powell Says Gradual Hikes Likely Needed as Economy Stays Strong
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The future of U.S. interest rates, pressure from President Donald Trump, and the economic impact of superstar firms like Amazon.com Inc. were among the topics that enjoyed fierce debate at this year’s gathering of central bankers in Jackson Hole, Wyoming.

Here’s a rundown of what was learned at the Kansas City Fed’s annual symposium in the shadow of the Grand Teton mountain: