Federal Reserve Bank of Kansas City’s 2025 Jackson Hole conference,

Bank of England Governor Andrew Bailey, European Central Bank President Christine Lagarde, Bank of Japan Governor Kazuo Ueda and Federal Reserve Chairman Jerome Powell pose for a photo as they attend the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole economic policy symposium, with the theme “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy” in Jackson Hole, Wyoming, U.S., August 22, 2025. REUTERS/Jim Urquhart