startrader解读：关键数据发布延迟，美联储政策评估陷入“迷雾”

Core Insights - The Federal Reserve's policy debate has shifted from simple data interpretation to strategies for addressing "uncertainty" [1] - Michael Barr emphasizes the risk of persistent inflation above target levels, despite acknowledging signs of a slowing labor market [3] - The internal dynamics of the Federal Reserve reflect a lack of a singular consensus on policy direction, with varying perspectives on interest rate adjustments [4] Group 1 - Michael Barr supports the recent interest rate cut while expressing concerns about inflation risks [1][3] - The unemployment rate at 4.3% is viewed as indicative of a healthy labor market, prompting a cautious approach to policy adjustments [3] - Barr's perspective aligns with that of other hawkish officials, suggesting a balanced approach to prevent economic downturns while remaining vigilant against premature declarations of victory over inflation [3] Group 2 - The contrasting views of more dovish officials like Mary Daly and John Williams highlight concerns over deeper labor market weaknesses and the potential economic damage from maintaining high interest rates [3][4] - Stephen Milan's more aggressive rate cut proposal adds to the diverse opinions within the Federal Reserve, indicating a complex decision-making environment [4] - The unpredictability of external factors, such as government shutdowns affecting key economic reports, complicates the Federal Reserve's ability to make informed decisions [4]