Anthony Willis, Senior Economist at Tianli Investment, stated in a report that since the US inflation level remains significantly above the target and the economy and labor market remain resilient, the pressure on Federal Reserve policymakers to tighten policy has increased. Willis said: “However, until the effects of inflation become clearer, policymakers may be willing to temporarily disregard the impact of recent surges in oil prices.” Nevertheless, the broader trend is evident: under Walsh’

Anthony Willis, Senior Economist at Tianli Investment, stated in a report that due to US inflation remaining significantly above the target, alongside a resilient economy and labor market, the pressure on Federal Reserve policymakers to tighten policy has increased. Willis commented: “However, until the impact of inflation becomes clearer, policymakers may be willing to temporarily disregard the effects brought by the recent surge in oil prices.” Nevertheless, the broader direction is evident: under Walsh's leadership, the Federal Reserve is adopting a more hawkish stance. Currently, the market expects a 38% probability of a Federal Reserve rate hike on Wednesday, and a September rate hike has already been fully priced in.