KANSAS CITY, MISSOURI – The Federal Reserve Bank of Kansas City will convene its annual Economic Policy Symposium, Aug. 22-24 in Jackson Hole, Wyoming. The 2024 event, which marks the symposium’s 47th year, will focus on the theme "Reassessing the Effectiveness and Transmission of Monetary Policy.”

This year’s theme will explore lessons learned from the response of monetary policy to both the pandemic and the subsequent surge in inflation.

The 2020s have witnessed some of the most forceful monetary policy actions on record. First, central banks worldwide adopted historically accommodative policy to offset the pandemic shock. Then, as inflation surged to multi-decade highs, monetary policymakers responded with one of the most rapid tightening cycles on record. Although outcomes have varied across economies, inflation has eased even as growth has remained surprisingly resilient. The resilience of growth through this period raises questions about the transmission of monetary policy and the lessons to be learned from this extraordinary episode.

The full agenda will be available at kansascityfed.org on Thursday, Aug. 22 at 8 p.m. EDT/6 p.m. MDT. Federal Reserve Chair Jerome Powell’s remarks will be streamed on the Kansas City Fed’s YouTube channel, External Linkyoutube.com/kansascityfed on Friday, Aug. 23 at 10:00 a.m. EDT/8:00 a.m. MDT.

Papers and other materials will be posted on the Kansas City Fed’s website as they are presented during the event.

Since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium on an important economic issue facing the U.S. and world economies. Beginning in 1982, the symposium has been hosted at the Jackson Lake Lodge at Grand Teton National Park, which is located in Wyoming—one of the seven states served by the Tenth Federal Reserve District.

Each year, the event provides a venue for international central bankers, Federal Reserve officials, other policymakers and academics to discuss issues of mutual concern. Visit kansascityfed.org to read more about the symposium's decades-long history.

As the regional headquarters of the nation’s central bank, the Kansas City Fed and its branch offices in Denver, Oklahoma City and Omaha serve the seven states of the Tenth District: Colorado, Kansas, Nebraska, Oklahoma, Wyoming, northern New Mexico and western Missouri.

Media Contacts:

Bill Medley: Bill.Medley@kc.frb.org

Victoria Rosengarten: Victoria.Rosengarten@kc.frb.org