#鲍威尔发言 Powell's inflation outlook remarks trigger market turbulence
At the October Economic Outlook Forum, Powell warned that core services inflation is persistent, especially with housing and healthcare prices remaining high. He cited data indicating that the core services inflation, excluding housing, is still at 5.6%, nearly three times the target level. These remarks led to a market adjustment in expectations, with federal funds rate futures showing the probability of a rate hike in December rising from 35% to 65%. Gold plummeted 3% that day, marking the largest single-day decline of the year, while the dollar against the yen surpassed the key level of 150.