Allianz Chief Advisor: Walsh Jackson Hall's debut was clear and powerful
2026-08-28 22:42:23
According to CoinMeta, El Erian, chief advisor to Allianz, stated that Powell's speech at Jackson Hole for the first time as Federal Reserve Chairman was clear and powerful, meeting the high expectations of the market regarding his economic views. His address effectively responded to the views of market participants and economists on the current economic situation, assessed the risk balance faced by the Fed's dual mandate, and reiterated the commitment to inflation targets. Chairman Powell also explained the limitations of forward guidance and warned about the 'mirror maze' risk, discussing the long-term structural issues facing economic and policy effectiveness, including considering artificial intelligence as a new factor of production, which opened up a multitude of issues worthy of study. Although these topics may not immediately attract media attention, they are undoubtedly the most interesting and influential parts of this speech.
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Source:Jin10 Data
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