BlockBeats news, on October 15, the September inflation data shattered market expectations that the Fed could afford to wait. Over the past few weeks, several policymakers had hinted that the Fed did not need to rush into another rate hike, but the latest data has made the October meeting a potential key moment for action.
Former Federal Reserve Chairman Kevin Warsh previously pledged not to guide markets through short-term monetary policy outlooks. However, following an unexpected rise in inflation, market attention has turned sharply to his speech in Bangkok on Thursday evening Eastern Time (11:30 Beijing time on the 16th), where he will engage in a fireside chat with IMF Managing Director Kristalina Georgieva.
The Federal Reserve will enter a media blackout on Saturday in preparation for its policy meeting on October 27–28. Prior to this, if the Fed wishes to signal its stance on interest rate decisions, Waller’s remarks will serve as an important window.