CoinVoice has recently learned that on October 5, former Federal Reserve Vice Chairman Clarida said in an interview that he believed in September that the Fed might raise interest rates once more in this cycle, but has now changed his mind because the bond market can do some work for the Fed.

Clarida said the Fed is now highly data-dependent because its policy has entered restrictive territory. At the same time, he believes that the Fed's soft landing prospects are feasible, but there are obvious risks: stubborn inflation, as well as resilient consumption and economic headwinds so far, it is expected that the Fed's plan to raise interest rates further in the dot plot may be challenged in the future. (Jinshi) [Original link]