IC外汇平台：美联储官员释放关键信号，降息会放缓吗？

Core Insights - Jeff Schmider, a Federal Reserve official, shared insights on monetary policy and bank regulation, indicating that while a recent 25 basis point rate cut was made to support the labor market, further cuts may not be necessary in the short term due to inflation remaining above target levels and a balanced labor market [1][3] Monetary Policy - Schmider emphasized that future interest rate adjustments will closely align with real-time data on inflation and employment, rather than following a preset path, leading to a preference for a "less aggressive" rate cut stance [3][4] - He highlighted the importance of balancing the dual mandate of price stability and employment promotion, cautioning against allowing a single goal to dominate decision-making [3] Bank Regulation - The value of the Federal Reserve's independence from political influence was underscored, as it allows for a focus on long-term financial stability and enhances public trust in the banking system [3] - Schmider warned against proposals to separate regulatory functions from the Federal Reserve or subject them to direct political control, as such changes could lead to unforeseen consequences and undermine regulatory effectiveness [3] Regional Structure - The advantages of the Federal Reserve's regional structure were explained, noting that regional banks' close ties to local economies enable more precise policy responses to varying economic conditions [3] - This "grounded" perspective is crucial in both monetary policy and regulatory practices, aiding in maintaining financial stability while being responsive to economic changes [3] Decision-Making Approach - Schmider's stance reflects a pragmatic and cautious balance amid internal disagreements within the Federal Reserve regarding the pace of rate cuts, recognizing the supportive role of moderate cuts for the labor market while advocating for continuous data monitoring to calibrate policy strength [4]