Original article by Lynne Funk, Gary Siegel
Jake Remley, senior portfolio manager at Income Research + Management, shared his outlook for the Jackson Hole Economic Policy Symposium with Bond Buyer. Jake suggested that Federal Reserve Board Chair Jerome Powell is unlikely to share further information on how the Fed plans to taper its bond purchases during his keynote address at the event, given the Delta variant’s potential effects on August employment and inflation data. He also noted that he would be looking for indicators of whether the Fed is reconsidering a full employment measure at this stage of the Covid-19 pandemic.
