Fed's Hammack Says Potential Inflation May Exceed Target

According to TechFlow, on September 26, citing Jinshi Data, Federal Reserve Governor Harker recently stated publicly that the current level of underlying inflation may be higher than the Fed's long-term target. This comment directly reflects the cautious stance within regulators regarding price trends, emphasizing the need for vigilance during the disinflation process.

Harker pointed out that despite recent volatility in some economic indicators, core inflationary pressures have not fully dissipated. His remarks suggest that future monetary policy adjustments will still require patience, and market participants should closely monitor subsequent economic data and officials' speeches to track the direction of interest rate policy.