Matthew Pallai: The Federal Reserve is highly sensitive to inflation fluctuations

ChainCatcher news, according to Jinshi reports, Nomura Asset Management's Chief Investment Officer Matthew Pallai stated in a report that the Federal Reserve has become more dovish in the face of a deteriorating labor market, but remains highly sensitive to inflation fluctuations. He is concerned about how ongoing price pressures from tariffs and immigration policies complicate the anti-inflation trend. If inflation unexpectedly rises, the high valuations of stocks and corporate credit may exacerbate volatility.