China Speculates Over Fed Rate Hike, Not Meaningful
ANBOUND
The anticipation of Fed rate hike is stirring up the global market and there are rumours claiming that the Chinese officials are trying to ascertain the Fed's timetable for rate hike through official channel.
The researchers at ANBOUND Consulting, however, are skeptical of such rumours.
Firstly, it is impossible for the Federal Open Market Committee (FOMC) to disclose the actual timetable for rate hike in advance.
Secondly, since it possible to grasp the trend of the Fed rate hike through information analysis, the attempt to second-guess the timetable for rate hike does not have any actual significance.
In relation to the Fed’s monetary policy, it is important to understand the trend; the specific time point for the rate hike is actually just a technical detail.