TechFlow, December 11 — According to Jinshi Data, Charlie Ripley, Vice President of Portfolio Management at Allianz Investment Management, stated in a report that Federal Reserve Chair Powell and his team are in a difficult position, having to continue balancing the dual mandates of employment and inflation. Ripley said, "Looking ahead, this could likely be Chair Powell's final rate cut. Although we have not yet returned to a neutral interest rate level, significant progress has been made in curbing inflation." He noted that whoever becomes the next Fed chair will face the same challenging balancing act, especially given the rotation of voting members and the market's continued strong expectation for a hawkish policy stance.
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