Jackson Hole may offer policymakers and markets a clearer view of the economy, but Main Street faces a more immediate question: How should businesses make decisions when certainty remains elusive? Photo by Natalie Behring/Getty Images
All eyes were on Jackson Hole last week as market participants looked for clues about what the Federal Reserve may do next. But business owners aren’t only concerned about the future path of interest rates. They’re also determining how to prepare for the next wave of economic impacts to their industry.
After several years shaped by inflation, higher borrowing costs and a shifting labor market, companies still have decisions to make on hiring, investment, borrowing and growth. Those choices cannot always wait for perfect clarity from policymakers. For business owners, the most important signal from Jackson Hole may be that uncertainty…
