华尔街资深人士Zervos：美联储已严重滞后 应立即大幅降息

Group 1 - David Zervos, Chief Market Strategist at Jefferies, stated that the Federal Reserve is "seriously behind" in approving interest rate cuts and called for immediate and significant monetary easing [1] - Zervos emphasized that despite the July Producer Price Index (PPI) showing higher-than-expected inflation pressures, this should not hinder the Fed from cutting rates [1] - He believes that aggressive rate cuts could prevent a slowdown in the labor market and potentially create an additional 1 million jobs [1] Group 2 - Zervos reiterated his stance for a 50 basis point cut in the federal funds rate during the last three Fed meetings and maintains that current monetary policy is too tight [1] - The list of potential successors to Fed Chair Jerome Powell has expanded from three to nearly ten candidates, with Zervos being one of them [1] - Zervos and BlackRock's bond strategist Rick Rieder are among the few candidates with a market background [1] Group 3 - Zervos highlighted the advantage of having more market-savvy individuals in monetary policy decision-making [2] - Another candidate, Marc Sumerlin, also supports a 50 basis point cut and criticized the Fed for being "too conservative" in combating inflation [2] - President Trump has been pressuring the Fed to cut rates, suggesting a reduction of up to 300 basis points, but Zervos expressed uncertainty about supporting such a drastic cut [2] Group 4 - Zervos indicated he could accept a 200 basis point cut if emphasizing deflationary pressures from AI, technology, and supply-side factors [2] - He is not concerned about Trump's criticisms of the Fed, stating that understanding the political process is essential for the role [2]