The Zhitong Finance App learned that Federal Reserve Chairman Walsh released a clearly hawkish policy signal at the Jackson Hole Global Central Bank Annual Meeting on Friday, stressing that US inflationary pressure has not been clearly mitigated yet, and reiterated that the Fed must ensure that inflation falls “clearly and fast enough” to the 2% target. Analysts believe that this statement made the September meeting of the Federal Reserve an important turning point in monetary policy. If the upcoming inflation data continues to be high, the possibility that the Fed will raise interest rates again this year will increase markedly.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that Federal Reserve Chairman Walsh released a clearly hawkish policy signal at the Jackson Hole Global Central Bank Annual Meeting on Friday, stressing that US inflationary pressure has not been clearly mitigated yet, and reiterated that the Fed must ensure that inflation falls “clearly and fast enough” to the 2% target. Analysts believe that this statement made the September meeting of the Federal Reserve an important turning point in monetary policy. If the upcoming inflation data continues to be high, the possibility that the Fed will raise interest rates again this year will increase markedly.
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