Odaily Daily Planet News, Chief Economist Adrian of Allianz wrote that Powell will face challenges at Jackson Hole this week. He needs to seize this golden opportunity to re-establish the effectiveness of his forward policy guidance, otherwise it may further damage the effectiveness and reputation of his policy. Some well-known Wall Street analysts and financial observers are calling on the Fed to implement an emergency inter-meeting rate cut immediately, which is unnecessary and may even be harmful. (金十)
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Economista-Chefe da Allianz: Presidente do Fed, Powell, enfrentará desafios em Jackson Hole
Odaily Daily Planet News, Chief Economist Adrian of Allianz wrote that Powell will face challenges at Jackson Hole this week. He needs to seize this golden opportunity to re-establish the effectiveness of his forward policy guidance, otherwise it may further damage the effectiveness and reputation of his policy. Some well-known Wall Street analysts and financial observers are calling on the Fed to implement an emergency inter-meeting rate cut immediately, which is unnecessary and may even be harmful. (金十)