美联储理事米兰继续大放“鸽声” 愿接受12月降息25基点

Core Viewpoint - Federal Reserve Governor Milan suggests a potential 25 basis point rate cut in December, but believes a 50 basis point cut is more justified if economic conditions remain unchanged [1][2] Group 1: Economic Outlook - Milan emphasizes that monetary policy should be based on future economic predictions rather than current inflation or employment data, as policy effects take 12 to 18 months to materialize [1] - He notes that the housing market is a more critical indicator of monetary policy effectiveness than stock market performance [1][2] Group 2: Inflation and Housing Impact - Current inflation levels are partially inflated by "estimated items," particularly housing costs, while core price growth is closer to the Fed's 2% target when volatile items are excluded [2] - Policymakers should not overly worry about temporary inflation spikes but focus on more representative price trends [2] Group 3: Upcoming Federal Reserve Meeting - The Federal Reserve's next rate decision meeting is scheduled for December, where officials will weigh the risks of price stability against full employment [2] - Despite inflation being above the 2% target for nearly five years, the labor market shows signs of cooling without a significant rise in unemployment [2]