The Zhitong Finance App learned that at a time when long-term US bond yields are rising and corporate benchmark borrowing costs in the credit bond market continue to rise, global investors are setting their sights on the Jackson Hole Global Central Bank Annual Meeting. Kansas City Federal Reserve Chairman Jeff Schmid's latest remarks before the US stock market on Thursday seemed to be a “hawkish prelude” before the official agenda of the central bank meeting began — he said in an interview with the media on the eve of the opening of the Jackson Hole conference that the 3.5% to 3.75% federal funds rate may even still be loose rather than restrictive. For financial market investors, the core pricing event affecting trading strategies throughout September and the second half of the year is undoubtedly the keynote speech that Federal Reserve Chairman Kevin Walsh will deliver at the Jackson Hole conference on Friday local time.

The Zhitong Finance App learned that at a time when long-term US bond yields are rising and corporate benchmark borrowing costs in the credit bond market continue to rise, global investors are setting their sights on the Jackson Hole Global Central Bank Annual Meeting. Kansas City Federal Reserve Chairman Jeff Schmid's latest remarks before the US stock market on Thursday seemed to be a “hawkish prelude” before the official agenda of the central bank meeting began — he said in an interview with the media on the eve of the opening of the Jackson Hole conference that the 3.5% to 3.75% federal funds rate may even still be loose rather than restrictive. For financial market investors, the core pricing event affecting trading strategies throughout September and the second half of the year is undoubtedly the keynote speech that Federal Reserve Chairman Kevin Walsh will deliver at the Jackson Hole conference on Friday local time.