美联储副主席鲍曼暗示支持最早7月降息 前提是通胀持续回落

Group 1 - The Vice Chair of the Federal Reserve, Bowman, indicated that the current regulatory approach to leverage requirements has led to unexpected consequences in the market, suggesting a need to reassess this critical capital buffer mechanism [1] - Bowman highlighted that the current Supplementary Leverage Ratio (SLR) rules may restrict the trading activities of bank-affiliated broker-dealers in the $29 trillion U.S. Treasury market, potentially impacting the broader market [1] - A reform proposal is expected to be announced by the Federal Reserve and other financial regulators this week, which will adjust the overall leverage ratio rather than just excluding assets like Treasury securities as previously anticipated [1] Group 2 - Bowman criticized the plan requiring large banks to significantly increase capital reserves to address potential crises, which was originally expected to raise capital requirements by 19% under the Basel III final framework, but faced pushback from the financial industry [2] - In terms of monetary policy, Bowman expressed willingness to support a rate cut as early as July if inflation continues to decline, emphasizing the need to adjust rates to maintain a healthy labor market [2] - The Federal Reserve's target range for the federal funds rate remains at 4.25% to 4.5%, and Bowman supports this decision while noting that recent economic data has not shown significant impacts from tariffs [2]