美联储官员警告：特朗普关税增加通胀与经济不确定性 利率路径难断

Group 1 - The current assessment of the impact of tariffs on inflation and the economy is premature, with the Federal Reserve needing to consider both inflation risks and potential economic growth suppression [1] - The uncertainty surrounding U.S. trade policy is exacerbating economic instability, affecting consumer and investment willingness, and dragging down economic growth [1] - The independence of the Federal Reserve's monetary policy is emphasized as crucial for the success of the U.S. economy, countering political pressure for interest rate cuts [1][2] Group 2 - Recent increases in U.S. Treasury yields and a weakening dollar may further pressure the economy, with potential consequences for domestic financing costs and the dollar's status as a global reserve currency [2] - The Federal Reserve's credibility is highlighted as its most valuable asset, built on objective, transparent, and data-driven decision-making [2] - The impact of tariff policies on low-income households is a concern, as these groups are more reliant on low-margin imported goods and have less capacity to combat rising prices [2][3] Group 3 - The Federal Reserve is attentive to the effects of monetary policy on low-income groups, aiming to achieve price stability and maximum employment to provide upward mobility opportunities [3] - Long-term economic expansion without inflation is seen as beneficial for narrowing employment and income gaps, particularly for low-wage and less-educated workers [3] - A society with higher economic mobility enhances the effectiveness of monetary policy transmission, encouraging labor market participation and investment in skills [3]