Group 1 - The upcoming Federal Reserve meeting minutes are notable for the rare occurrence of two board members voting against the majority, a situation not seen since 1993, indicating significant internal division which is often viewed as a signal for a shift in monetary policy [1] - The main points of disagreement among the Federal Reserve members revolve around three key areas: the outlook on inflation, the assessment of the labor market recovery, and the timing of balance sheet reduction [1][2] - The global central banks are facing similar decision-making dilemmas, with the Bank of England and the Bank of Japan also at critical junctures regarding their monetary policies, influenced by upcoming economic data releases [4] Group 2 - Federal Reserve Chairman Jerome Powell's upcoming speech at the Jackson Hole meeting is highly anticipated, as he is expected to provide clarity on the "divided minutes" and potentially offer guidance on the balance sheet reduction path and adjustments to the inflation target framework [4] - The decisions made by central banks globally are crucial as they could trigger chain reactions in the financial markets, affecting capital flows between safe-haven assets and emerging markets [4][5]
美联储现27年罕见内部分歧,全球市场迎来关键转折点
Sou Hu Cai Jing·2025-08-17 12:36