As the Federal Reserve’s annual economic symposium got underway Thursday at a lodge in Grand Teton National Park, some of the very problems Fed officials are grappling with – high inflation, soaring rental costs and home prices and wide economic inequalities – were starkly evident near the idyllic mountain setting.
A half-hour drive or so from the Jackson Hole resort where the high priests of international finance leading economists and central bank officials have convened to discuss the world’s economic challenges, Ash Hermanowski oversees the distribution of about 1,200 free meals a day.