Group 1 - The Federal Reserve has room for further interest rate cuts due to a weakening labor market and easing inflation risks, according to New York Fed President Williams [1] - Williams believes that monetary policy is currently in a moderately restrictive state and suggests adjustments to the federal funds rate target range to align closer to neutral [1] - Following the second consecutive rate cut in October, there is uncertainty among officials regarding support for a third cut in December, with market expectations indicating a 50% chance of a rate cut at the upcoming meeting [1][2] Group 2 - The Consumer Price Index (CPI) rose by 3% over the past year, raising concerns among officials about inflation [2] - Williams emphasizes the need to return inflation to the 2% target sustainably while avoiding excessive risks to the labor market [2] - He anticipates that tariffs will continue to push prices higher next year, but expects inflation to return to the path towards 2% by 2027 [3]
12月降息还有戏？美联储“三把手”定调：降息空间仍在！
Jin Shi Shu Ju·2025-11-21 13:00