U.S. Fed Powell Is "Totally Cheering"

U.S. Fed Powell Is "Totally Cheering"

The U.S. Fed cut interest rates by 0.5% on Sept. 18 and also hinted at a further 0.5% cut this year

However, interest rates on the 10-year long-term Treasury market rose sharply from 3.64% on Sept. 17 to 4.4% on Nov. 1

Currently, there is even an analysis in the market that the U.S. Fed may act as a significant obstacle to further cut short-term interest rates as long-term interest rates are soaring due to increased expectations for future inflation

In fact, the U.S. Fed's consumer price index, which has relied on when setting the direction of its interest rate policy, has also been holding out from 2.7% for several months

Powell, the skittish chairman of the U.S. Federal Reserve, who has been forced to cut interest rates in the run-up to the U.S. presidential election when political pressure has not been tolerated and the foundation for price stability has not been clearly established, is now likely to be quite intimidated

If you cut interest rates further by the end of this year, but all the usual post-election inflationary factors from next year appear all at once, causing instability about the inflation to spread again, and preventing you from putting the brakes on the current long-term rise in interest rates

Fed Powell will not only be very likely to be branded as the most 能 of all time, but will also be remembered as a 惡黨 that has caused chaos in financial markets around the world