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Aug 26, 2022

A view from Jackson Hole, World Bank style

It’s Day 2 of the Jackson Hole Economic Symposium hosted by the Federal Reserve. We check in with World Bank President David Malpass, who’s on the ground in Wyoming, about monetary policy around the world. Also, we delve into the latest downbeat earnings report from Peloton, the exercise equipment and fitness company that boomed during the peak of the pandemic but has since fallen back to Earth — hard.

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"If you only come back 4% this year [in growth for the world economy], you're not back to where you were, even at the end of 2021," World Bank President David Malpass said.
"If you only come back 4% this year [in growth for the world economy], you're not back to where you were, even at the end of 2021," World Bank President David Malpass said.
Samuel Corum/Getty Images

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The Team

A view from Jackson Hole, World Bank style