The Global Central Bank Advised The Fed To Speed Up The Rate Hike.

At the annual meeting of Jackson Hole (Jackson Hole) held last week, central banks around the world told the Fed that they were ready to raise interest rates in the US, preferring the fed to act immediately instead of procrastination.

Policymakers have privately or publicly pointed out that the Fed has talked about raising interest rates for the first time for a long time, and that the dollar has appreciated for a year, and that the global financial market is obviously well prepared.

At present, the central bank and the International Monetary Fund (IMF), which oppose the Fed's interest rate increase, believe that the Fed should wait for the economy to become more stable before raising interest rates. But at the Jackson Holzer conference, even the central bank, which used to criticize the Federal Reserve, once agreed to raise interest rates this time.

This time, the Jackson and Holzer conference convened on the occasion of violent fluctuations in the global financial market. Due to fears of a severe slowdown in China's economy, the world stock market experienced a roller coaster market last week. On Monday, the Dow plunged more than 1000 points, but then recovered and recovered. Some Fed officials suggested raising interest rates in September was also considered one of the reasons for the sharp fluctuations in the market.

But for Mexico central bank governor Agustin Carstens, the US interest rate increase means that Mexico's neighbouring economy is strong, even if it may force Mexico, a weak economy, to raise interest rates.

"If the Fed raises interest rates, it will mean that the Fed believes inflation is progressively upward, and more importantly, the unemployment rate is falling and the economy is recovering," Carstens told the Reuters.

Yao Yudong, director of the Finance Research Institute of the people's Bank of China, pointed out last week that the Federal Reserve is the cause. Market turbulence The main reason for this is that the United States should postpone raising interest rates. However, most of the emerging market central banks agreed with Carstens's view on the way through the month and the contacts at the Jackson Holzer conference.

holy Lewis Federal Reserve Chairman James Bullard said in an interview: "for emerging markets, economies are smaller and usually seek devaluation. So from their standpoint, the Fed's tightening will help them. Currency devaluation Let them do what they want to do. "

Raghuram Rajan, governor of India's central bank, said: "this incident has been predicted for a long time. It always happens at a certain time, and everyone knows it will happen. It's only a question of time. "

The central bank governor of Japan, Korea and Indonesia also supports this view. Mirza Adityaswara, a senior deputy governor of the Central Bank of Indonesia, suggested the Fed raised interest rates in September earlier this month, saying that the higher the certainty, the better.