Warsh strikes a positive tone on AI's long-term outlook, while the Fed's October rate path remains open! Are cooling U.S. Treasury yields opening a window for a tech rebound?

Zhito Finance APP has learned that during the midday trading session Beijing time on October 16, Federal Reserve Chairman Kevin Warsh held a conversation with Georgieva during the IMF and World Bank annual meetings in Bangkok, reiterating that the Federal Reserve will achieve price stability and describing the September rate hike as removing "part of the accommodation." Regarding the Federal Reserve FOMC monetary policy meeting to be held on October 27-28, he made clear that he would not prejudge the path of the Federal Reserve's monetary assets, nor was he willing to announce in advance possible actions at the remaining meetings this year, emphasizing that each Federal Reserve decision will form a policy judgment based on output, employment, and inflation, rather than following a preset policy path, and reiterating that he personally prefers that the Federal Reserve not provide any forward guidance.