According to BlockBeats, on November 8, Ellen Hazen, chief market strategist at F.L.PUTNAM Investment Management, said that the key issue is that many of the policies that have been announced are likely to lead to inflation.
The question for Powell at the press conference will be whether to start focusing on policy, rather than data, so that they don’t get behind the curve, especially given the problems that occurred in 2021-2022 when ignoring fiscal policy could result in unexpectedly high inflation before they had to intervene.
If they had responded with fiscal policy at that time, inflation probably wouldn't have been so high. So this is a big problem. (Jinshi)
