美联储理事库克：通胀可能居高不下 12月未必降息

Core Insights - Federal Reserve Governor Lisa Cook anticipates persistent high inflation in the U.S. over the next year due to the impact of tariff policies on the economy [1][3] - The uncertainty surrounding tariffs is affecting corporate pricing strategies, with some companies reducing inventory at lower prices before cost increases [3] - The recent 25 basis point interest rate cut by the Federal Reserve is seen as appropriate, but the balance between rising inflation risks and a weakening labor market is a concern [5] Group 1 - Cook indicated that tariffs are increasing costs for U.S. businesses, which may keep inflation elevated in the coming year [3] - She noted that interactions with business leaders suggest that the impact of tariffs on consumer prices has not fully materialized [3] - Cook is prepared to take strong action if the effects of tariffs are larger or more prolonged than expected [3] Group 2 - The ongoing federal government shutdown is expected to exert pressure on economic activity this quarter and may have spillover effects on the private sector [3] - The Federal Reserve's decision to cut rates again reflects a belief that the downside risks to employment outweigh the upside risks to inflation [5] - Cook emphasized that future monetary policy is not on a predetermined path, leaving the December rate decision uncertain [5]