国财政部长贝森特支持在通胀率稳步回落至2%之后,重新审视美联储的这一通胀目标,贝森特建议,可以讨论将其转变为一个目标区间
Sou Hu Cai Jing·2025-12-24 16:00

Core Viewpoint - The article discusses the potential change in the Federal Reserve's inflation target from a fixed 2% to a flexible range, suggesting this could be a strategic move to ease economic pressures and facilitate lower interest rates [3][5][9]. Group 1: Federal Reserve's Inflation Target - Scott Bessenet, a notable figure in economic circles, proposes that the Federal Reserve should consider adjusting its long-standing 2% inflation target to a range of 1.5% to 2.5% or even 1% to 3% [3][5]. - The current core PCE inflation rate remains stubbornly around 2.7% to 2.8%, indicating that maintaining the 2% target is increasingly challenging [5][9]. - Changing the target to a range could allow the Federal Reserve to declare success even with current inflation levels, potentially leading to earlier interest rate cuts [7][9]. Group 2: Economic Implications - The U.S. national debt has reached approximately $36 trillion, with annual interest payments exceeding $1 trillion, which is more than military spending [7][9]. - Adjusting the inflation target could relieve pressure on the Treasury to manage debt repayments, benefiting various economic sectors, including the stock market and businesses reliant on borrowing [9][11]. - However, this change may negatively impact savers and those holding cash, as a higher inflation target would accelerate the depreciation of money's value [9][12]. Group 3: Market Reactions and Future Considerations - Analysts on Wall Street recognize the implications of this potential policy shift, understanding it as a precursor to a broader economic policy change [11][12]. - The article raises concerns about the long-term trust in the Federal Reserve's ability to manage inflation if targets are adjusted in response to economic pressures [9][12]. - The discussion highlights a psychological battle regarding expectations, suggesting that if the market reacts favorably, the proposed changes could indeed be implemented [12][14].

国财政部长贝森特支持在通胀率稳步回落至2%之后,重新审视美联储的这一通胀目标,贝森特建议,可以讨论将其转变为一个目标区间 - Reportify