Jefferson: Inflation trends are a key signal determining monetary policy.

Federal Reserve Vice Chairman Jefferson stated that inflation is an important metric for policymakers when considering interest rate policy. October's price data reflects that inflation remains above the Fed's target, and the inflation trend will provide an important signal for judging the stance of monetary policy. Federal Reserve Governor Waller stated that a 50-basis-point rate hike may be necessary next month, while Philadelphia Fed President Paulson advocated for a gradual rate hike strategy. (Source: Jinshi)