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Allianz Chief Economist: Fed Chairman Powell will face challenges at Jackson Hole
Odaily Planet Daily News According to Adrian, Chief Economist of Allianz, this week, Powell will face challenges at Jackson Hole. He needs to take advantage of this golden opportunity to re-establish the effectiveness of his forward-looking policy guidance, otherwise it may further damage the effectiveness and reputation of his policies. Some well-known Wall Street analysts and financial observers are calling on the Fed to immediately implement emergency inter-meeting rate cuts, which is unnecessary and may even be harmful. (Jinshi)