A preview of the Jackson Hole central bank conference where Fed Chair yellen and ECB President Draghi will both speak

  • The topic of conversation at the Economic Symposium at Jackson Hole, WY, is "Fostering a Dynamic Global Economy."
  • Recent topics were "Designing Resilient Monetary Policy Frameworks for the Future" (2016), "Inflation Dynamics and Monetary Policy" (2015), "Re-evaluating Labor Market Dynamics" (2014), and "Global Dimensions of Unconventional Monetary Policy" (2013).
  • This year's topic points to a more broad-based discussion than normal.
  • We anticipate that much of the discussion will be focused on how monetary policy can best sustain the economic recovery. In answering this, policymakers will have to grapple with the tension between the traditional relationships of economic expansion, resource utilization, and inflationary pressures. The lack of inflation pressure has likely come as a surprise to some policymakers given the state of the global expansion and improvement in labor markets. We do not foresee policymakers as abandoning the current policy frameworks in place, but raising important issues about how to adjust those frameworks and ensure the global recovery proceeds further.

I've bolded a little above, for emphasis.

This is broad overview from Barclays, not much on what to expect specifically from Yellen nor Draghi; nor on specific balance sheet reduction issues.

I do have bank previews more focused on these if anyone is interested?