Odaily Planet Daily News According to Adrian, Chief Economist of Allianz, this week Powell will face challenges at Jackson Hole, where he needs to take advantage of this golden opportunity to re-establish the effectiveness of his forward policy guidance, or risk further damaging its policy effectiveness and reputation. Some famous Wall Street analysts and financial observers are calling on the Fed to immediately implement emergency inter-meeting rate cuts, which are unnecessary and may even be harmful. (Jinshi)
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Économiste en chef d'Allianz : le président de la Réserve fédérale, Jerome Powell, sera confronté à des défis à Jackson Hole
Odaily Planet Daily News According to Adrian, Chief Economist of Allianz, this week Powell will face challenges at Jackson Hole, where he needs to take advantage of this golden opportunity to re-establish the effectiveness of his forward policy guidance, or risk further damaging its policy effectiveness and reputation. Some famous Wall Street analysts and financial observers are calling on the Fed to immediately implement emergency inter-meeting rate cuts, which are unnecessary and may even be harmful. (Jinshi)