Dear Mrs. Yellen: Get A Real Job

This past weekend saw the Federal Reserve’s annual Jackson Hole summit take place, an event sponsored by the Kansas City Fed that draws top Fed officials along with the world’s top central bankers. It has become a central bank retreat of sorts, an opportunity for the central banking elites to meet and talk in relative privacy, savor fine food, and enjoy some of the most beautiful landscapes the United States has to offer.

Because of its more relaxed setting, the Jackson Hole meeting has also has become a more widely covered event in recent years, as people hope to glean tidbits of information from informal remarks that otherwise would never make it into official speeches or testimony. Federal Reserve Chairman Janet Yellen gave a much-anticipated speech on Friday, in which she laid out the Fed’s view of the labor market and its relationship with the Federal Reserve’s monetary policy.

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