美联储副主席警告就业与通胀双重挑战，达拉斯联储主席呼吁谨慎降息

Core Points - The Federal Reserve is facing dual challenges of a weakening job market and inflation above target levels, as reiterated by Vice Chairman Philip Jefferson [1] - Dallas Fed President Lorie Logan emphasized that the severity of the inflation issue outweighs that of employment, advocating for caution regarding further rate cuts [1] Group 1: Economic Outlook - Jefferson noted high uncertainty regarding the economic outlook but expects it to ease as White House policies are finalized [1] - He stated that even during a government shutdown, the Fed has sufficient data to perform its duties effectively [1] Group 2: Interest Rate Decisions - The Fed recently voted to lower the benchmark interest rate for the first time in 2025, with expectations for two more cuts this year to support the job market while maintaining downward pressure on inflation [1] - Logan highlighted that the gap in achieving inflation targets is greater than that for maximum employment, suggesting a cautious approach to future rate cuts [2] Group 3: Labor Market Insights - Logan focuses on the unemployment rate rather than employment numbers, noting that the unemployment rate was 4.3% in August, with September data unavailable due to the government shutdown [2] - Despite a significant slowdown in job growth raising concerns about the labor market, some officials remain primarily focused on the persistent inflation above the Fed's 2% target [2]