On October 14, SDRF and the China International Economic Exchange Center Shanghai Branch jointly held a seminar on "The Causes, Evolution and Impact of Inflation in the United States and Its Impact on China". The seminar explored the following questions: Is the Fed's monetary policy effective? What will be the result of high global inflation? Is it going into recession, or causing a financial crisis, or are there multiple crises coexisting? How will this affect our China? How should we respond? Wang Zhan, Chairman of Shanghai Federation of Social Science Circles; Peng Wensheng, Chief Economist of CICC and Executive Director of CICC Research Institute; Wang Han, Chief Economist of Industrial Securities, Song Guoyou, Deputy Director and Professor of American Studies Center of Fudan University; Xia Chun, Chief Economist of Yinke Holdings and Director of Financial Research Institute; Xu Mingqi, Vice Chairman of Shanghai Center for International Economics and others participated in the discussion, and Qiao Yide, Vice Chairman and Secretary General of SDRF, presided over the meeting.