MNI China Daily Summary: Thursday, December 12

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MNI: SWEDEN FINAL NOV CPIF +1.8% Y/Y

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KC Fed Updates to Friday's Annual Eco-Summit in Jackson Hole

FED

The KC Federal Reserve just announced the summit agenda for the Jackson Hole Economic Symposium: Reassessing Constraints on the Economy and Policy will be released at 2000ET Thursday evening.

  • KC Fed adds "this year’s theme will explore the emergence of economic constraints during the pandemic and how supply considerations have returned to center stage. Bottlenecks and shortages have limited economic supply even as historic levels of fiscal and monetary accommodation have led to a surge in demand, resulting in an imbalance that has pushed inflation up globally. Additionally, the extraordinary and often innovative global policy response to the pandemic invites questions on what constraints bind macroeconomic policy, such as concerns over fiscal sustainability and the ultimate size of central bank balance sheets."
  • Chairman Powell will discuss the Fed's economic outlook at 1000ET (0800 local), text is expected but no Q&A. Powell's appearance will also be livestreamed:
  • www.youtube.com/KansasCityFed
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