Financial heavyweights dropped truth bombs at Shanghai's 2024 Bund Summit this weekend! 💥 Former central bank leaders from the U.S., Europe, and Japan revealed how inflation battles are reshaping global monetary policies. Here's the tea ☕:
🇺🇸 U.S. Fed: Tightening to Easing?
Donald Kohn (ex-Fed VP) teased a major policy flip: "We're shifting from restrictive to easing mode after years of inflation fighting." With unemployment stabilizing and prices cooling (but not yet at 2% target), America might soon join other nations in rate cuts 💸.
🇪🇺 Europe's Inflation Rollercoaster
ECB veteran Jean-Claude Trichet revealed: "We hiked rates 10 times, but core inflation (2.8%) still haunts us like last year's TikTok trends." June's 0.25% rate cut signals cautious optimism – will eurozone economics find its rhythm? 🎢
🇯🇵 Japan's Money Makeover
BOJ legend Kuroda Haruhiko broke down Japan's 25-year saga: from 1998 deflation to 2022's 3% inflation spike 🌋. Now they're slowly reversing negative rates: "We're aiming for 0.1%→2% rates – think chill gradient, not cliff jump." 🏯
All eyes now on whether these monetary moves will stabilize markets… or create new crypto-like volatility! 📈🤯
