Fed rate hike delivers activity loss, Anna Wong argues

Fed rate hike delivers activity loss, Anna Wong argues
Fed hike yields activity loss not disinflation

Anna Wong questions the effectiveness of a potential Federal Reserve rate hike, arguing that hiking tomorrow would not deliver any disinflation gain this year but would result in more immediate losses in economic activity.

She also observes that with token prices falling, the supply side for artificial intelligence is already undergoing changes, and the so-called bubble in AI may be starting to burst.

In recent commentary, Anna Wong predicted that the U.S. unemployment rate could rise to 4.4% in the upcoming jobs report despite strong payroll gains. Her outlook in the previous article focused on labor market risks. The current statements add to Wong's cautious perspective on economic momentum.

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