Will this year's confab be any different, with Chair Yellen slated to speak on Friday?  Fed Funds Futures markets don't think so, with just an 18% chance of a rate hike at the September FOMC meeting and coin-toss odds of a bump in December.
 
The title of this year's Jackson Hole proceedings is, however, telling: "Designing Resilient Monetary Policy Frameworks for the Future".  Merriam-Webster defines "Resilient" as: 1) able to become strong, healthy, or successful again after something bad happens 2) able to return to an original shape after being pulled, stretched, pressed, bent, etc.  So what does the Fed have in mind when it considers the need for future resilience?  Perhaps this year's Jackson Hole conference (or its title, anyway) will offer more clues to future policy than just Chair Yellen's talk.
While the Kansas City Fed's annual conference in Jackson Hole is safe for this year, come 2017 they are going to have some competition for hotel rooms and other local resources; there is a full eclipse of the Sun scheduled on August 21st.