Core Viewpoint - The U.S. is facing a prolonged period of high inflation influenced by trade policies and geopolitical factors, which may gradually affect consumer expectations. The Federal Reserve should remain patient and avoid hasty interest rate cuts [1][2]. Group 1: Inflation Outlook - The price adjustments and the economy's adaptation to U.S. trade policies and new policy changes are expected to be a prolonged process, potentially lasting a year or more [1]. - There is a risk of a slow but sustained upward trend in inflation, which could complicate the Federal Reserve's efforts to control inflation [1]. Group 2: Labor Market and Monetary Policy - Despite a resilient labor market, with June job additions exceeding expectations and a slight decrease in the unemployment rate to 4.1%, there are no signs of weakness that would prompt the Federal Reserve to cut rates prematurely [1]. - Given the high uncertainty in employment, economic growth, and inflation trends, it is not the right time for significant adjustments to monetary policy [2].
亚特兰大联储主席:美国正面临长期通胀压力 短期内不宜急于降息
智通财经网·2025-07-03 17:35