美联储内部现分歧：洛根、施密德反对降息，警告通胀压力仍存

Core Viewpoint - The Dallas Fed President Lorie Logan and Kansas City Fed President Jeff Schmieding oppose the Federal Reserve's decision to cut interest rates this week, citing persistent high inflation as the main reason [1][2]. Group 1: Statements from Fed Officials - Logan stated that there is no need to lower interest rates this week, emphasizing that unless there is clear evidence of inflation decreasing faster than expected, it is difficult to consider another rate cut in December [2][3]. - Schmieding expressed concerns that economic growth and investment could exacerbate inflationary pressures, noting that the labor market is essentially balanced and inflation remains high [3][4]. Group 2: Monetary Policy and Economic Indicators - The Federal Reserve voted to lower the benchmark interest rate by 25 basis points, marking the second cut in two months, aimed at supporting a slowing labor market [3][4]. - Recent data from the Labor Department indicated that the annual consumer price index rose by 3% as of September, with inflation remaining above the Fed's 2% target for over four years [4]. Group 3: Future Outlook and Policy Implications - Logan supports the decision to halt the reduction of the balance sheet, suggesting that current market conditions indicate the balance sheet is nearing normal levels [2][3]. - Schmieding warned that a 25 basis point cut may have limited effects on alleviating labor market pressures, which are more likely driven by structural changes rather than monetary policy [4].