Core Viewpoint - Federal Reserve Chairman Jerome Powell indicated an increase in downside risks to the U.S. labor market, suggesting a potential need for policy adjustments, including an openness to interest rate cuts in September [1] Economic Conditions - The U.S. economy shows resilience despite high tariffs and tightened immigration policies, but there is a notable slowdown in the labor market and economic growth [1] - Core PCE prices rose by 2.9% year-on-year in July, with tariffs contributing to increased prices for certain goods [1] Policy Stance - Powell stated that the current interest rate levels are closer to "neutral" compared to last year, and the Fed will carefully assess risks to avoid transient price increases leading to long-term inflation issues [1] - The Fed aims to balance its dual mandate of maximum employment and price stability [1] Market Reaction - Following Powell's remarks, U.S. stock markets experienced gains, with the Dow Jones Industrial Average rising by 1.54%, the S&P 500 increasing by 1.07%, and the Nasdaq Composite up by 1.04% [1]
美联储主席鲍威尔:对降息持开放态度
Qi Huo Ri Bao Wang·2025-08-23 00:55