To The Moon

Cleveland Fed Bank President Loretta Mester said on Friday that oil prices are 7 The rise since the month will put the price of core objects and gasoline at a high level, making consumers feel that inflation will heat up again, so she believes that inflation in the United States is still facing higher. 

 She is expected to raise interest rates again this year, "from what she sees from the economic environment, prospects and risks she sees, it is consistent with the Fed's touch reading expectations Leading to upheaval in the market $Nasdaq100 Bull 3X ETF(TQQQ)$ $Nasdaq100 Bear 3X ETF(SQQQ)$ $Semiconductor Bull 3X Shares(SOXL)$ $NVIDIA Corp(NVDA)$ $Advanced Micro Devices(AMD)$ 

The Fed said at the September meeting that it will raise interest rates again within the year, and the federal funds target rate will hover at a high level for a period of time. Mester said the views are reasonable and consistent with her personal interpretation of the economic situation, prospects and prospects. Mester says she doesn't expect inflation to return to a fairly high level last year, but inflation may stagnate at current levels in the next few months, 9 The Monthly Consumer Price Index (CPI) is to remind the Federal Reserve that it cannot be believed that the price drop will be like the past few months, and whether the interest rate will rise again, or how long the "restricted" level will last depends on economic changes

. She also pointed out that although monetary policy is already at the "restrictive" level, the economy has shown resilience in the environment of high interest rates, highlighting the difficulty of accurately evaluating restrictive interest rate policies, because there is still uncertainty about the level of neutral interest rates. No matter what decision the Federal Reserve makes at the next meeting, if the economic situation is similar to expectations, it is believed that it is close to the level of suspending interest rate hikes, because the authorities have accumulated a lot of information related to economic and financial development, and the financial situation has begun to tighten. 

Mester has no monetary policy voting right at the Federal Open Market Committee (FOMC) this year. The Federal Reserve will hold a meeting on interest rates from October 31 to November 1, and the market generally expects that interest rates will remain unchanged.

@Daily_Discussion @TigerStars @MillionaireTiger @Tiger_chat