Fed in Jackson Hole, Olympic debt and helping IDPs in Afghanistan

We gather the numbers to know from the week’s biggest economic news stories so you can impress your friends.

All eyes are on the scenic American town of Jackson Hole, Wyoming, as policymakers, finance ministers, government officials and academics from around the world come together to discuss the most pressing economic challenges. This year’s Jackson Hole Economic Policy Symposium, organised by the Federal Reserve Bank of Kansas City,  was once again held virtually due to the ongoing coronavirus pandemic, with United States Federal Reserve Chairman Jerome Powell kicking off the event with opening remarks on Friday. In addition to ongoing debates about inflation and tapering, there were plenty of other big business and economic news stories to talk about this week, from the turmoil in Afghanistan to the ongoing crisis in Lebanon.