[Institutions: Among Major Central Banks, the Federal Reserve Is in the Most Comfortable Position, but Uncertainty Remains Under New Leadership] Golden Finance reported on May 21 that Benoit Anne, Managing Director and Head of Market Insights at MFS Investment Management, stated that the trade-off between inflation and growth is a common concern for major central banks—under more extreme circumstances, financial stability also becomes a worry. Sometimes, this involves certain policy trade-offs, especially when the risk of stagflation rises. 'Among the current major central banks, the Federal Reserve is likely in the most comfortable position,' he said, adding that the macroeconomic environment faced by the Federal Reserve is characterized by rising inflation risks but resilient economic growth. 'This should imply a cautious policy stance in the future, although there is some uncertainty about the direction the Federal Reserve will take under new leadership.' (Jin10)