[Global Central Bank Officials Gather in Jackson Hole, Inflation and High Interest Rates Expected to Be Core Topics] BlockBeats News, August 26: This week, global central bank officials will gather in Jackson Hole, Wyoming, USA, to focus on re-evaluating global inflation issues and the prospect of borrowing costs potentially rising further in the face of new inflation threats. Frankfurt Thin Ice Macro economist Spiros stated: 'Global central banks are likely to adopt a cautious stance, viewing inflation as the risk they least want to see. You never know when the next supply shock might suddenly occur.' Subadra Rajappa, Head of U.S. Research at Société Générale, noted that the urgency of addressing inflation varies across countries, partly because they are affected differently by energy cost fluctuations, which in turn depend on their import volumes. He pointed out that Europe and Japan are 'more sensitive to Middle East tensions and oil prices.' Goldman Sachs Chief European Economist Jari Stehn commented: 'We estimate that policy rates in the U.S. and the UK remain restrictive.' 'Different starting points mean that countries face varying pressures in responding to energy shocks, giving the Federal Reserve and the Bank of England more time to observe how this round of shocks evolves.' Former Philadelphia Fed President Patrick Harker remarked: 'The Iran war has already changed the way people discuss issues and make policy choices, and there currently seems to be no end in sight.' 'This makes this year’s Jackson Hole symposium completely different, as we are now in a typical supply shock environment—or more accurately, a situation where multiple supply shocks are simultaneously hitting the global economy.' (Jin10)