Federal Reserve Jackson Hole Economic Symposium

Barry Eichengreen, professor at the University of California Berkeley, during a Bloomberg Television interview at the Jackson Hole economic symposium in Moran, Wyoming, US, on Friday, Aug. 25, 2023. Federal Reserve Chair Jerome Powell said the US central bank is prepared to raise interest rates further if needed and intends to keep borrowing costs high until inflation is on a convincing path toward the Fed's 2% target. Photographer: David Paul Morris/Bloomberg via Getty Images