OTHER

According to PANews, Federal Reserve official Hamack has commented on the recent market turbulence, attributing it to risk transfer, while stating that market operations remain normal. He emphasized that the threshold for Federal Reserve intervention is exceptionally high, indicating that there is no current need for action. Hamack also noted that it is typical for investors to adjust their portfolios during periods of volatility and that the market must independently assess risk premium levels, with price discovery led by market forces. Additionally, he mentioned that economic uncertainty is causing companies to halt operations.