Odaily Planet Daily News, Chief Economist Adrian of Allianz writes that Powell will face challenges at Jackson Hole this week. He needs to take advantage of this golden opportunity to reestablish the effectiveness of his forward-looking policy guidance, otherwise it may further damage the effectiveness and reputation of his policies. Some well-known Wall Street analysts and financial observers are calling on the Fed to immediately implement emergency inter-meeting rate cuts, which is unnecessary and may even be harmful. (Jinshi)
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Nhà kinh tế trưởng của Allianz: Chủ tịch Fed Powell sẽ đối mặt với thách thức tại Jackson Hole
Odaily Planet Daily News, Chief Economist Adrian of Allianz writes that Powell will face challenges at Jackson Hole this week. He needs to take advantage of this golden opportunity to reestablish the effectiveness of his forward-looking policy guidance, otherwise it may further damage the effectiveness and reputation of his policies. Some well-known Wall Street analysts and financial observers are calling on the Fed to immediately implement emergency inter-meeting rate cuts, which is unnecessary and may even be harmful. (Jinshi)