The Federal Reserve's internal hawk wind is consistent: wait for other data and don't rush to cut interest rates!
carol17
发表于 2024-6-17 10:08:39
1317
0
0
Neel Kashkari, President of the Federal Reserve Bank of Minneapolis, stated over the weekend that the Federal Reserve is actually still in a favorable position before starting to cut interest rates, and can take its time to observe the upcoming data.
He said on a Sunday program, "We need to see more evidence to make us believe that inflation is steadily falling to 2%. Before we make any decisions, we are now in a very favorable position to slowly obtain more inflation data, more economic and labor market data."
The Federal Reserve announced its inaction after last June's interest rate meeting, but it is worth noting that the latest released "dot matrix" significantly slashed interest rate cuts: from three in March to only one. Specifically, 11 officials believe that interest rates will only be lowered once at most this year, while the remaining 8 are expected to lower rates twice.
Federal Reserve officials warn that before starting to relax policies, they need to gain more confidence in the target of inflation slowing to 2%, especially after progress stalled earlier this year. Powell also emphasized after the meeting that although he acknowledged that the recent monthly inflation data had eased, his confidence had not yet reached the level of interest rate cuts.
Kashkali specifically pointed out in the program that if interest rates are only lowered once this year, it is likely to be before the end of the year.
Waiting for inflation to continue to cool down
In fact, there is quite a consensus within the Federal Reserve on the issue of inflation: both hawkish and dovish officials feel that they need to wait a bit longer. In addition to Kashkari, the "hawk king", Cleveland Fed Chairman Mester also stated last Friday that despite the latest data being encouraging, she still believes that the inflation risk in the United States is biased upwards.
"In the past two years, we have made quite good progress on the issue of inflation. However, the inflation rate is still too high," she said. "There is still more work to be done on the inflation issue to make people believe that inflation is on a downward trajectory to 2%."
And the representative of the dovish figure of the Federal Reserve, Chicago Fed Chairman Goolsby, also said last Friday that the May CPI was "very good", but this is only one month's data.
"After this week's data showed that inflation cooled in May, I breathed a sigh of relief, but before truly lowering interest rates, I still hope to see similar data performance in 'more months'.".
CandyLake.com 系信息发布平台,仅提供信息存储空间服务。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
声明:该文观点仅代表作者本人,本文不代表CandyLake.com立场,且不构成建议,请谨慎对待。
猜你喜欢
- Federal Reserve Board Speaks Out Through 'Messenger': Maintain Open Attitude towards Not Cutting Interest Rates in November
- How will the Federal Reserve make decisions in the future when the US inflation data exceeds expectations and opinions differ?
- Is it impossible to cut interest rates by 50 basis points in November? Federal Reserve Governor Waller: Future interest rate cuts need to be 'more cautious'!
- Last night, there were multiple historical highs! The 'terrifying data' exceeds expectations, and the Federal Reserve's interest rate cut expectations are hit again
- The Federal Reserve is deceiving Hu, and Trump is making efforts! Emerging markets are in trouble
- Big news from the Federal Reserve! A round of violent selling in the US bond market
- Is the Federal Reserve's "two consecutive declines" hoping to fail? CEO of Da Mo: The good days of 'cheap funds' are over!
- The Federal Reserve will have an important meeting next week! International banks predict 'bright prospects for interest rate cuts'
- Xiao Mora sounded the 'ultimate alarm': if Trump wins the beauty pageant, the Federal Reserve may suspend interest rate cuts from December!
- Super week is coming! These two factors have become the focus of global traders, and the Fed's interest rate cut has become a supporting role
-
【英偉達の需要が高すぎる?SKハイニックス:黄仁勲がHBM 4チップの6カ月前納入を要求!】SKハイニックスの崔泰源(チェ・テウォン)会長は月曜日、インビダーの黄仁勲(ファン・インフン)CEOが同社の次世代高帯域 ...
- 琳271
- 昨天 17:54
- 支持
- 反对
- 回复
- 收藏
-
ファイザーが前立腺がんを治療する革新薬テゼナ& ;reg;(TALZENNA®,一般名:トルエンスルホン酸タラゾールパーリカプセル)は2024年10月29日に国家薬品監督管理局(NMPA)の承認を得て、HRR遺伝子突然変異 ...
- 什么大师特
- 4 小时前
- 支持
- 反对
- 回复
- 收藏
-
南方財経は11月5日、中央テレビのニュースによると、現地時間11月5日、米ボーイング社のストライキ労働者が59%の投票結果で新たな賃金協定を受け入れ、7週間にわたるストライキを終えた。ストライキ労働者は11月12 ...
- Dubssgshbsbdhd
- 5 小时前
- 支持
- 反对
- 回复
- 收藏
-
【マスクはテスラが携帯電話を作ることに応えた:作れるが作らないアップルとグーグルが悪さをしない限り】現地時間11月5日、有名ポッドキャストのジョローガン氏のインタビューに応じ、「携帯電話を作るのは私たち ...
- 波大老师
- 7 小时前
- 支持
- 反对
- 回复
- 收藏