21评论丨本轮周期美联储的决策难题

Group 1 - The core viewpoint of the articles revolves around the Federal Reserve's recent policy adjustments in response to rising unemployment risks and inflation concerns, indicating a potential shift towards interest rate cuts to support economic growth [1][2][3] - The Federal Reserve has abandoned the average inflation targeting strategy, reaffirming a long-term inflation target of 2%, which reflects a shift in its monetary policy framework [2] - The Fed's previous approach of maintaining ultra-loose monetary policy for an extended period, despite rising inflation, has been criticized for ignoring the complexities of the economic recovery post-pandemic [3] Group 2 - The recent speech by Fed Chairman Powell highlighted the need for a forward-looking monetary policy that considers the lagging effects of economic changes [3] - The Fed's revised statement emphasizes that full employment should be maintained in the context of price stability, moving away from setting numerical employment targets [3] - The unique nature of the current economic cycle, driven by external shocks such as the pandemic, has been acknowledged as a significant factor influencing the Fed's policy decisions [3]