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Jackson Hole Closes the Door on the Fed’s Dovish Pivot

According to Chair Jerome Powell, the fight against inflation isn’t anywhere near done.

August 26, 2022
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This episode is sponsored by Nexo.ioChainalysis and FTX US.

Each year, U.S. central bankers gather in Jackson Hole, Wyoming, to discuss big-picture changes in medium- and long-term monetary policy and the economy. This year, the markets have been watching extra closely for signals about whether the Federal Reserve would be taking a turn to the dovish.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsors today is “The Now” by Aaron Sprinkle and “The Life We Had” by Moments. Image credit: Matt Anderson Photography/Getty Images, modified by CoinDesk. Join the discussion at