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Arranged by Aihuicha: Daily Global Forex Market Ne

2023-08-28

Aihuicha, August 28th: Fed-Powell: Will cautiously decide whether to raise interest rates again, if appropriate, prepare to raise interest rates further, and will adopt a restrictive policy until inflation continues to slow; 2% is still and will continue is our inflation target. Mester: It is currently expected to raise interest rates again this year, but not necessarily in September; once it stops raising interest rates, it will keep interest rates unchanged for a period of time. In the new SEP, views may change. Harker: Reiterate that further rate hikes are not seen as needed at this time; rate hikes may be needed if inflation stops falling; inflation must be brought down to 2%, and rate cuts are not expected until next year at the earliest. Goolsbee: It's too early to declare "mission accomplished" and inflation remains higher than we expected.

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