鲍威尔被起诉后，美联储三把手发声：美联储没有面临改变利率的强大压力

Core Viewpoint - The current monetary policy stance is robust, with no immediate need for interest rate adjustments, as stated by New York Fed President John Williams [1][2]. Group 1: Monetary Policy Stance - Williams emphasized that the Federal Open Market Committee (FOMC) has adjusted its "moderately restrictive monetary policy stance" closer to a neutral level [2]. - He noted that the current monetary policy effectively supports labor market stability and aims to bring inflation back to the long-term target of 2% [1][2]. - The expectation for GDP growth is optimistic, projected at 2.5% to 2.75%, with the unemployment rate remaining stable [1]. Group 2: Inflation and Employment Outlook - Williams anticipates inflation will peak between 2.75% and 3% in the first half of the year, averaging 2.5% for the year, and returning to the 2% target by 2027 [1]. - He acknowledged that while inflation remains high, the labor market shows signs of cooling, leading to increased downside risks for employment [2]. Group 3: Defense of Powell and Independence Risks - Williams defended Fed Chair Jerome Powell, asserting his integrity and leadership during challenging times, amidst attacks on the Fed's independence [3]. - He warned against undermining the central bank's independence, stating that such attacks could lead to unfortunate economic consequences, including high inflation [3]. Group 4: Market Reactions - The market's response to the ongoing political and legal issues surrounding the Fed has been relatively calm, attributed to the uncertainty of how these matters will resolve [3][4]. - Williams described the current market volatility as moderate, indicating that the lack of certainty regarding the outcomes limits significant asset level changes [4].