The Fed'S Interest Rate Meeting Looks Forward To The Details Of Inflation Targeting Policy

The market is also focusing on the two-day Fed monetary policy meeting, which will be the last before the US election and therefore significant. Earlier, US Federal Reserve Chairman Colin Powell announced a more relaxed stance on inflation. The market generally predicted that the Federal Reserve may further explain this new policy framework at this meeting. According to the latest data, US import prices rose more than expected in August, which supports the view that inflation pressure is increasing. In addition, another highlight of this meeting is whether the Federal Reserve will adjust its purchase of US Treasury bonds.