美联储正遭受全面攻击。杰罗姆·鲍威尔正面临迄今为止最艰难的战斗

Group 1: Federal Reserve's Current Situation - Federal Reserve Chairman Jerome Powell is expected to deliver a crucial speech amid unprecedented attacks from President Donald Trump, who has threatened to dismiss him and is seeking to remove Fed Governor Lisa Cook [2] - Powell's term as chairman ends in May 2026, and discussions about his successor are already underway, highlighting rare internal divisions within the Fed [2] Group 2: Interest Rate Outlook - Since December, the Federal Reserve has maintained interest rates while observing the impact of Trump's tariffs on inflation, which remains above the Fed's 2% target [3] - Financial markets believe there is sufficient reason for a rate cut as early as September, although Powell has not yet indicated a strong position on this matter [4] Group 3: Inflation and Tariffs - Most economists expect Trump's tariffs to raise prices, but there is a growing belief among Fed voters that any price pressures may be temporary [4][5] - The Producer Price Index (PPI) rose by 0.9% in July, with an annual increase of 3.3%, exceeding economists' expectations [5] Group 4: Labor Market Concerns - The labor market is a key theme for the upcoming Jackson Hole meeting, with recent employment growth showing signs of weakness compared to previous years [7] - The number of long-term unemployed individuals reached its highest level since December 2021, indicating challenges in job recovery [7][8] - Fed officials express concerns that a weak labor market may limit the ability of businesses to raise prices, potentially affecting inflation dynamics [8]