The Zhitong Finance App learned that the Federal Reserve is simultaneously promoting important adjustments at the level of monetary policy and bank supervision. San Francisco Federal Reserve Chairman Daly said that she supports the Federal Reserve's interest rate hike in September to deal with rising inflation risks, but whether further interest rate hikes are needed in the future will largely depend on whether the inflationary impact caused by tariffs, energy prices, and artificial intelligence (AI) investment is only temporary or will continue or even superimpose on each other. Meanwhile, Bauman, the Federal Reserve's vice chairman in charge of regulatory affairs, announced that it will restructure the US banking supervision system and consider adjusting the bank asset size threshold that triggers stricter capital, liquidity, and stress testing requirements.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.