Fed Can't Fix Fiscal-Driven Inflation: Jackson Hole Paper.

%USD, ALLTOP, BUSINESS, FRX, GLOBALMACR, GOV, MARKETS, NORTHAM, TOP, US, WORLD, GOVTOP RH8O1MT0G1KZ (Bloomberg) -- The Federal Reserve won't be able to curb inflationary pressures because they are rooted in expansionary fiscal policy, according to a paper presented at the central bank's annual Jackson Hole conference on Saturday. Keywords: %USD; ALLTOP; BUSINESS; FRX; GLOBALMACR; GOV; GOVTOP; MARKETS; NORTHAM; TOP; US; WORLD EN %USD ALLTOP BUSINESS FRX GLOBALMACR GOV GOVTOP MARKETS NORTHAM TOP US WORLD The Federal Reserve won't be able to curb inflationary pressures because they are rooted in expansionary fiscal policy, according to a paper presented at the central bank's annual Jackson Hole conference on Saturday. [Extracted from the article]