Federal Reserve's Stance on Market Volatility and Economic Uncertainty

According to PANews, Federal Reserve official Hamack has commented on recent market turbulence, attributing it to risk transfer while asserting that market operations remain normal. He emphasized that the threshold for Federal Reserve intervention is exceptionally high, indicating no current need for action. Hamack also noted that it is typical for investors to adjust their portfolios during periods of volatility, and that the market should independently assess term premium levels, with price discovery led by market forces. Additionally, he mentioned that economic uncertainty is prompting businesses to halt operations.