Group 1 - The selection process for the next Federal Reserve Chair is in its final stages, with five candidates shortlisted, including current Fed governors and external candidates from the White House and Wall Street [1][2] - Treasury Secretary Mnuchin is leading the interview process and plans to submit a list of "excellent candidates" to President Trump after Thanksgiving [1][2] - President Trump has criticized current Chair Powell for not significantly lowering interest rates, which he believes has hindered economic growth [2] Group 2 - The upcoming Fed Chair nomination may coincide with a 14-year term vacancy for a Fed governor in early 2026, making the selection particularly significant [2] - Market expectations indicate a potential 25 basis point rate cut announcement in the upcoming Fed meeting, highlighting the importance of the new Chair's stance on interest rates and policy independence under political pressure [2] - Some regional Fed presidents may voice dissent regarding rate cuts, with a notable division among Fed decision-makers on future monetary policy [3] Group 3 - Concerns about inflation are resurfacing, with officials noting that inflation rates have exceeded the Fed's 2% target for four consecutive years, potentially raising long-term inflation expectations [4] - The new Philadelphia Fed President emphasized the importance of stabilizing long-term inflation expectations as a key measure of monetary policy credibility [4]
美联储主席五位候选人浮出水面
Bei Jing Shang Bao·2025-10-27 17:02