The influential "third-in-command" of the Federal Reserve, Williams, just came out to reassure us!


Just now, everyone saw the scene—oil prices soaring, inflation causing headaches, making everyone think the Fed would counter with a rate hike to deliver a "Dragon Claw" move.
As soon as Williams stepped up to the podium, he calmly said: "Rate hike? No need for that, don’t even think about it!"
This masterful "Tai Chi" move by the boss is quite artistic: sticking to the bottom line: although prices are a bit wild now, the boss said that rate hikes are not even on the agenda.
This is a preemptive signal to the market—don’t panic, even though the tap has been turned off, it’s not planned to be welded shut!
Implying: he said that although current policies seem tight, fundamentally they are "leaning towards easing."
What does this reflect? It’s about the long-term outlook!
Drawing a big picture: the most crucial sentence is here— the boss looks to the future with a firm tone and tells us: these interest rates will eventually have to come down!
BTC0,76%
LAB-27,05%
BSB-44,67%
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