如何“看懂”本周最重磅会议？高盛出品：“杰克逊霍尔央行年会”观会指南

Core Viewpoint - The upcoming Jackson Hole Economic Policy Symposium is expected to provide significant insights into the Federal Reserve's monetary policy direction, particularly through Chairman Powell's keynote speech on August 22, which will focus on the economic outlook and the review of the Fed's monetary policy framework [1][3]. Key Schedule Highlights - The complete agenda for the Jackson Hole Symposium will be released on August 21, with three main events: Powell's keynote speech on August 22, a lunch speech on the same day, and a closing panel discussion on August 23 featuring ECB President Lagarde and BoE Governor Bailey [2][3]. Focus of Powell's Keynote Speech - Powell's speech will likely address current policy issues rather than strictly adhering to the conference theme, which is "Transforming Labor Markets: Demographics, Productivity, and Macroeconomic Policy" [3]. The speech may also indicate potential adjustments to the FOMC's consensus statement, possibly reversing some changes made in 2020 and returning to a flexible inflation targeting strategy [3]. Media Interviews as Information Sources - Due to limited live coverage of the event, media interviews will serve as a crucial source of policy information, with approximately five Fed officials expected to participate in interviews on August 22 [4]. Historical data suggests that these interviews can provide more immediate insights into policy direction compared to academic discussions [4].