On Friday, Federal Reserve Chair Jerome Powell gave his much-anticipated speech at the Kansas City Fed Monetary Policy Symposium in Jackson Hole, Wyoming.

While many were expecting some kind of academic or theoretical discussion, the text was straightforwardly about the current path of monetary policy. So what did we learn? What actually happens at Jackson Hole? And how did this year's event fit in with prior years?

On this bonus episode, Odd Lots turn to Bloomberg Surveillance co-host Tom Keene and Michael McKee, Bloomberg News International Economics and Policy Correspondent.

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