亮明降息底线？纽约联储主席：锚定通胀预期是央行运作“基石”

Core Viewpoint - The stability of inflation expectations around the central bank's target is emphasized as a cornerstone of the Federal Reserve's work, particularly during periods of high uncertainty [1]. Group 1: Inflation Management - New York Fed President Williams highlights the importance of well-anchored inflation expectations, especially in uncertain times [1]. - The latest survey from the New York Fed indicates a sharp rise in U.S. consumers' medium-term inflation expectations as of April, alongside a more pessimistic view on the job market [1]. - Williams reiterates that maintaining price stability is a key responsibility of central banks, which is crucial for earning public trust [1]. Group 2: Economic Context - Despite rising unemployment and increasing inflation risks, Federal Reserve officials decided to keep the benchmark interest rate unchanged, awaiting clearer data on the impact of large-scale tariff measures on the economy [2]. - Williams warns that policymakers must ensure that a one-time inflation spike caused by tariffs does not evolve into a more persistent inflation issue [3]. - The Trump administration is set to engage in new trade negotiations with China, which analysts hope could lead to a reduction in tariffs [3].