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Analyst Andrew Sacher: Walsh didn't pick up a good story. Market pigeons were expected to collapse
On 28 August, the analyst Andrew Sacher: “It was previously argued that the Federal Reserve Chairman Walsh was advocating other inflation measures in order to choose one of his best interests. But in this speech, he did the opposite. He dismantled the PCE inflation and found that 49 per cent of the component projects had increased by more than 3 per cent annually and classified this level as `very high'. His discussion of the labour market was also biased towards hawks, focusing on the low unemployment rate and the number of people who received unemployment benefits. The number of non-farm employment, which is usually of high concern, is exceeded.” Kim Xian
