The Fed cancels its famous in-person Jackson Hole gathering due to pandemic, will hold virtual event instead

The Federal Reserve Bank of Kansas City announced on Thursday that its popular annual economic policy symposium will not be held in Jackson Hole, Wyoming, for the first time in nearly 40 years due to the coronavirus pandemic.

Instead, the bank said that this year’s symposium, titled “Navigating the Decade Ahead: Implications for Monetary Policy,” will be hosted in a virtual meeting on August 27-28.