The annual gathering of the world’s top central bankers lacks some of its biggest names this year.
Federal Reserve chairman Ben Bernanke is a no-show at the event in Jackson Hole, Wyoming, which in the past he has used to prepare financial markets for shifts in Fed policy.
As a result, there is no keynote Fed speech to open the conference.
Bernanke’s deputy Janet Yellen will be there, though she will only be moderating a panel discussion.
She is a leading contender to replace Bernanke when he steps down next January.
The other candidate for the top job at the Fed is Larry Summers, President Obama’s former economic adviser. He will not be at the Jackson Hole gathering.
The European Central Bank head Mario Draghi also will not attend this year, nor will new Bank of England chief Mark Carney, both are sending their deputies.
As for Bernanke’s absence, the feeling is the Fed has already said plenty to prepare the financial markets for a reduction in its huge stimulus programme later this year.
Many economists expect the Fed to start scaling back monthly bond purchases at its meeting in September.
This year’s conference focuses on unconventional monetary policy and the evidence on whether quantitative easing, forward guidance or a combination of both provide policymakers with the most firepower with interest rates cut to near zero.
The discussion could not be more timely, coming just a few weeks after the Bank of England and European Central Bank followed the Fed by providing guidance on how long they would keep interest rates low.
- 1Greece sends revised reforms list to creditors for approval
- 2Eurozone economy breaths a sigh of relief
- 3Greeks flock to take advantage of forgiveness for tax fines
- 4Markets fear Saudi-led military action in Yemen will choke oil delivery to Europe and US
- 5Greek reforms fail to convince investors as deadline day creeps closer
- 1euronews live TV - News | euronews : the latest international news as video on demand
- 2Russian rumour mill suggests Putin suffering poor health | euronews, world news
- 3Slovenia becomes 11th EU nation to approve gay marriage | euronews, world news
- 4[LIVE] Germanwings passenger jet crashes in southern France, 148 people on board – authorities | euronews, world news
- 5Indian rapist says women to blame for being sexually assaulted | euronews, world news
- 6Exclusive: CIA and Mossad are behind Boko Haram and ISIL, says Sudan president | euronews, world news
- 7International news | euronews, latest international news
- 8French Alps plane crash treated as suicide and mass murder by co-pilot | euronews, world news
- 9Why is Bulgaria the EU’s most unhappy country? | euronews, world news
- 10Greece’s claim for war reparations from Germany explained | euronews, world news
- 11eurovibes - a selection of Europe’s best music talent
- 12Reaching new heights: Parents in India scale walls to ‘help students cheat’ | euronews, world news
- 13Tens of thousands march in Moscow in memory of Boris Nemtsov | euronews, world news
- 14Handwriting and the digital age, time for change in schools? | euronews, learning world
- 15London calling: why home-loving Hungarians are flocking to British capital | euronews, reporter
- 16French prosecutor: Germanwings co-pilot appears to have crashed plane deliberately | euronews, world news
- 17Manufacturing jihad – Nicolas Hénin explains what he learned about ISIL | euronews, the global conversation
- 18Germanwings press conference mystery: what wasn’t he supposed to say? | euronews, world news
- 19Which EU country has the biggest gender pay gap? | euronews, world news
- 20Romania left red-faced after France-Germany map gaffe | euronews, world news
Wires > Business
- 21:41 CET Miners Teck, Antofagasta explore merger – Bloomberg
- 20:12 CET Dutch bank ABN Amro faces further political hurdles before IPO
- 19:52 CET Tesla CEO Musk’s upbeat tweets about China boost stock
- 18:29 CET UnitedHealth to buy pharmacy benefit firm Catamaran for $12.8…
- 18:09 CET Tesco starts land sell-off process
- 18:08 CET Germany says Greece must flesh out reforms to unlock aid
- 17:35 CET Morrisons’ recovery plan – Go back to the future
- 16:15 CET ECB slows bond-buying pace a touch in plan’s third week