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Ahead of big annual meeting, Federal Reserve grapples with identity crisis




Taders works on the floor of the New York Stock Exchange (NYSE) during the evening of July 27, 2016 in New York City.
Taders works on the floor of the New York Stock Exchange (NYSE) during the evening of July 27, 2016 in New York City.
Kena Betancur/Getty Images

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The Great Recession might be over, but the global economy has been stuck in the doldrums, dragging down US growth and stoking pessimism.

The Federal Reserve has used the traditional tools at its disposal to spur growth. But as the economy continues to stall, some observers think that these measures are inadequate and the Fed should rethink how it goes about managing the economy.

All eyes are on the Federal Reserve’s annual meeting in Jackson Hole, Wy., this week for hints on what it would do next

Meanwhile, a proposal released by “Fed Up,” an activist group, wants the central bank to include more women and minorities in its governing structure. The group says the bank right now is too white and too male.

Guests:

Lindsay Dunsmuir, Federal Reserve / Economy Correspondent at Reuters

Yelena Shulyatyeva, US economist at Bloomberg Intelligence