Core Viewpoint - The Federal Reserve's Schmied emphasizes that interest rates should remain at a level that continues to pressure the economy to further cool inflation [1] Group 1: Monetary Policy - Schmied advocates for maintaining a moderately restrictive monetary policy due to persistent inflationary pressures [1] - He suggests that a certain degree of cooling in the labor market may be necessary to prevent a deterioration in the inflation outlook [1] Group 2: Labor Market and Economic Growth - Despite a cooling labor market, Schmied asserts that further rate cuts may not stimulate hiring [1] - He indicates that the slowdown in growth is driven by structural factors, and the Federal Reserve is best positioned to assist during cyclical downturns [1] Group 3: Inflation Concerns - Schmied expresses concern that further rate cuts could have a more lasting impact on inflation, as the commitment to the 2% target is increasingly being questioned [1] - He highlights that the pressures on the labor market are likely caused by structural changes in technology and immigration policy [1]
美联储施密德主张维持限制性利率 警告降息难解劳动力结构性顽疾
Sou Hu Cai Jing·2026-01-15 21:03