The Federal Reserve is ushering in a "mini monetary policy revolution," with inflation becoming the core reaction mechanism

According to Jinshi News, Lombard Odier's macro chief Florian Ielpo believes that market trends reflect a repricing of the Federal Reserve's credibility and independence. Inflation has clearly become the core of the Federal Reserve's response mechanism again, and someone is at the helm of this. He pointed out that the Federal Reserve "has adjusted its tone, with information being more concise and more instructive, no longer emphasizing any dissent—most of the wording from previous statements has been discarded, which should be seen as a small monetary policy revolution."