Jackson Hole predictions: Higher interest rates for longer as the Fed maintains hawkish rhetoric

The Federal Reserve is set to maintain its hawkish rhetoric until at least 2023, according to industry experts, who predict that monetary policy will remain restrictive for longer than markets are currently pricing in.  The forecasts come ahead of the annual central banking symposium at Jackson Hole, a conference that has historically been the defining monetary policy event of the year and where the industry will be hoping to see an early indication that the global rate-hike cycle is nearing its peak, reports sister site Investment Week. All eyes will be on Federal Reserve chair Jerom...