EconomyGlobal Times (环球时报)
Wall Street Figures Warn Fed Rate Hike Is a Mistake
华尔街人士警告：美联储加息是错误的
Global Times reports that several Wall Street figures, including billionaire investor Bill Ackman and Moody's chief economist Mark Zandi, have warned that the Federal Reserve's September rate hike was a mistake. Ackman argued that AI may be rewriting the rules of inflation, making traditional rate-hike logic obsolete. The article notes that traders have reduced bets on an October rate hike.
The view from inside
The article frames the Fed's decision as misguided, using quotes from prominent US critics to validate a narrative of US economic policy failure.
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