美联储副主席公开唱“鸽”：最早或7月降息！

Core Viewpoint - The timing for interest rate cuts may be approaching as concerns about the labor market risks are increasing, while inflation from tariffs is not seen as a significant issue [1][2]. Group 1: Interest Rate Policy - Bowman supports considering a reduction in policy rates as early as the next meeting to bring rates closer to neutral and maintain a healthy labor market [2]. - The Federal Reserve maintained its overnight target rate range at 4.25% to 4.5% during the last meeting, amid economic uncertainty caused by trade policies [2]. - Bowman expressed optimism about the economic outlook, suggesting that the future economic clouds are becoming clearer [2]. Group 2: Labor Market and Inflation - The labor market is currently in good shape, but there are growing concerns about its future prospects, which contributes to a dovish monetary policy stance [3]. - Bowman noted that any upward pressure on prices from higher tariffs is being offset by other factors, and the core Personal Consumption Expenditures (PCE) inflation trend is closer to the 2% target than current data suggests [3].