Powell made a significant policy move at the Jackson Hole meeting: What will the Federal Reserve do next?
The Federal Reserve has reached a critical juncture! Last Friday, Federal Reserve Chairman Jerome Powell spoke at the Jackson Hole meeting and surprisingly acknowledged that tariffs are not the main factor driving inflation. It’s worth noting that the Trump team has always believed this, while the Federal Reserve has often shifted the blame for economic pressures onto trade policies.
This is undoubtedly a major shift for the Federal Reserve! Powell's sudden realization may completely change the Fed's decision-making approach regarding interest rate setting, inflation control, and promoting economic growth in the future.
The most critical question now is: What will happen next? Since tariffs haven't exacerbated inflation, the Federal Reserve may need to come up with new strategies to balance the economy, ranging from adjusting interest rates to working more closely with fiscal policy. The market will certainly be paying close attention; Powell's acknowledgment could significantly influence the Fed's upcoming policy actions and sway investor sentiment.
For the U.S. economy, this might be a turning point in how everyone understands and responds to inflation!
As for specific operational strategies, I will share them publicly next. If you're looking to bottom-fish in the mainstream but don't know how to start, or if you're unsure when to take a position in a clone? Then why not follow the steps of the cat god!!!
