The current session of the Federal Reserve is on hold. The focus is on “soaring US bond yields and tightening the financial environment.” The September interest rate path indicates that a 25BP rate hike in November or December will fall in December, but it seems likely that it will move on to another script — December will give new guidelines and not raise interest rates. Thus, the current round of interest rate hikes will be brought to a direct end, and then the topic of “how long will the era of high interest rates be?”
The convention first enters into an appreciation of the main points of the changes in the conference statement, mainly adding consideration to the impact of soaring US bond yields.
Change 1:
[Excerpt from original text] Recent Indicators suggest that economic activity expanded at a Strong Pace in the third quarter I have job gains Moderated since then in the year But very strong. [Translation] Recent data shows economic activity in the third quarterStrongGrowth, employment growthThere has been a slowdown earlier this yearBut it's still going strong.
[Revision point] A group with strong economies.
Change 2:
[Excerpt from the original text] Tighter financial and credit conditions for retirement and retirement...