Leading central bankers present a pessimistic message in Jackson Hole

Leading central bankers present a pessimistic message in Jackson Hole

Officials of the ECB promise to take "forceful" action to tame high pricing.

Kuroda tells the gathering that the Bank of Japan is facing a unique situation.

Top central bankers from around the world declared at Jackson Hole that they must take decisive measures to stop inflation since it is widespread, here to stay, and will demand it.

At the Kansas City Fed's annual retreat in Wyoming's Grand Teton National Park on Saturday, the heads of the Swiss National Bank, Bank of Japan, Bank of Korea, Bank of England, and numerous European Central Bank policymakers delivered speeches.