Tonight at the Jackson Hole meeting, my views are as follows:
1. Waller will talk about the option of raising rates. It doesn't necessarily mean raising rates immediately—emphasize that he has this option.
2. Keep the path accommodative; change the linkage from oil to the US dollar into one linked to AI and the US dollar.
Whether it’s hawkish or not, it’s not really hawkish; whether it’s dovish or not, it’s not really dovish either.
If I get slapped in the face, then I’ll just say I was talking nonsense 💨
#ETH
#JacksonHoleMeeting
1. Waller will talk about the option of raising rates. It doesn't necessarily mean raising rates immediately—emphasize that he has this option.
2. Keep the path accommodative; change the linkage from oil to the US dollar into one linked to AI and the US dollar.
Whether it’s hawkish or not, it’s not really hawkish; whether it’s dovish or not, it’s not really dovish either.
If I get slapped in the face, then I’ll just say I was talking nonsense 💨
#ETH
#JacksonHoleMeeting