Vosh: I hope the market prices based on real economic conditions rather than following the Fed's interpretation.

BlockBeats News, June 18 — Federal Reserve Chair Jerome Powell stated on Wednesday that he hopes financial markets will price securities based on their own assessment of the economy, rather than trying to price them based on expectations of how central bank officials interpret data. He said, "The more markets focus on real economic changes, the better they can judge which data is more important and which is relatively less important, and the more likely they are to form their own most probable pricing."

He added that this can avoid a situation where "financial markets are just constantly reflecting what we have said." (Jin10)