Thấy bác đẹp lão lắm! Phân tích một chút bài phát biểu của Mr… Good Afternoon kỳ này

In his highly anticipated speech at the Jackson Hole economic symposium, Federal Reserve Chair Jerome Powell delivered a message of cautious optimism, highlighting the significant progress made in bringing down inflation without a major increase in unemployment. Powell noted that the post-pandemic economic distortions are fading, with inflation having declined significantly and the labor market becoming less overheated.

However, he stressed that the fight is not yet over. While the upside risks to inflation have diminished, the downside risks to employment have increased, and the Fed remains attentive to both sides of its dual mandate. Powell indicated that the time has come for policy to adjust, but he did not offer direct signals about the timing of a rate cut. Instead, he emphasized that the Fed would "proceed carefully," acknowledging the risks on both sides of the monetary policy equation.

Investors were hoping for clearer hints about a potential rate cut, but Powell’s remarks were widely interpreted as "soft guidance." He defended the Fed's independence and its commitment to price stability, while also acknowledging the unique nature of the pandemic economy and the challenges it presented. The speech pointed to a balancing act, where the Fed seeks to ensure inflation continues to trend toward its 2% target while avoiding an unnecessary weakening of the labor market.

Tóm gọn lại là Mr. Powell làm xanh cỏ thị trường ^^.