Warsh's silence on interest rates makes the Fed and the market speculate

The Center reported that the Federal Reserve Chairman, Kevin Walsh, had still not revealed his views on current inflation at the forthcoming Jackson Hall meeting, and that markets and investors were confused. Walsh ' s silence forced the market to interpret his tone rather than his words, and bond pricing showed the pressures of this ambiguity. The short-term rate of return declined after his last press conference, while the 30-year national debt rate rose to its highest level since 2007, and the 30-year mortgage interest rate rose to about 6.75 per cent, the highest point this year. This disagreement suggests that investors suspect that the Fed may tolerate higher inflation in the short term in exchange for a greater future interest rate hike. Walsh ' s position would have a quick impact on interest rate expectations and rates of return, but he would remain uncertain at the meeting。