美联储两大官员发声，为再度降息预热！

Core Viewpoint - The Federal Reserve should continue to lower interest rates this year to support the labor market while maintaining sufficiently high rates to keep inflation in check [1] Group 1: Interest Rate Outlook - Boston Fed President Susan Collins indicated that further easing, potentially another 25 basis points, may be appropriate, but emphasized the need to avoid premature long-term guidance [2] - The futures market reflects investor expectations for rate cuts at the upcoming Federal Reserve meetings, with a 25 basis point cut anticipated [3] Group 2: Labor Market Insights - Collins noted that it is currently difficult to determine whether the recent slowdown in hiring is due to decreased labor demand or a significant drop in immigration affecting labor supply [1] - To maintain stable unemployment, the economy requires only about 40,000 new jobs per month, compared to approximately 80,000 pre-pandemic [1] Group 3: Economic Projections - Collins expects a slight increase in the unemployment rate this year and early 2026, but anticipates a rebound in hiring as tariffs and economic uncertainties diminish [1] - Fed Governor Michelle Bowman expressed her belief that there will be two more rate cuts by the end of the year, contingent on the labor market and other economic data evolving as expected [3]