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美联储真的搞砸了吗?
Sou Hu Cai Jing·2025-08-04 00:03

Group 1 - The Federal Reserve has decided to maintain stable borrowing costs, continuing a wait-and-see approach since January, as indicated by Chairman Jerome Powell, who noted a "robust" labor market [2] - The July employment report revealed only 73,000 new jobs added, significantly below the monthly growth needed to keep pace with population growth, with the unemployment rate rising from 4.1% to 4.2% [3] - The labor department revised down previous months' employment growth data, showing that job growth has been weak, with the average monthly growth from May to July being the slowest since 2009, excluding the pandemic recession [4] Group 2 - Internal dissent within the Federal Reserve has emerged, with Governors Christopher Waller and Michelle Bowman voting against the decision to maintain interest rates, marking the first time since 1993 that multiple governors have opposed a decision [6] - Both dissenting officials cited signs of weakness in the labor market as their main reason for disagreement, downplaying the potential impact of Trump's tariffs on prices [6] - Cleveland Fed President Loretta Mester expressed confidence in the decision made earlier in the week, despite the disappointing employment report, indicating a cautious approach to interpreting individual reports [7]