“It May Take a Massive Program, Large Enough to Shock Taxpayers” – The Jackson Hole Post-Mortem

from Zero Hedge

On Saturday, the 2016 edition of the Fed’s Jackson Hole two-day symposium came to an end, and as many expected, following long bouts of rhetoric, circular statements and hollow bluster, much of it contradictory, both the participants and markets remain as confused as ever.

In addition to Friday’s Yellen-Fischer one-two knock out punch, below are some of the key quotes, courtesy of Dow Jones:

“In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for an increase in the federal-funds rate has strengthened in recent months.”

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