美联储理事鲍曼呼吁美联储准备降息，美国就业市场仍然脆弱

Core Viewpoint - Federal Reserve Governor Bowman advocates for readiness to lower interest rates due to a weakening labor market, emphasizing the need for the Fed to remain responsive to employment conditions [1][3]. Group 1: Labor Market Concerns - The labor market is showing signs of increasing vulnerability, with potential deterioration expected in the coming months, despite a slight decrease in the unemployment rate to 4.4% [3]. - December's job growth fell short of expectations, indicating cautious hiring and limited layoffs, which may signal a slowdown in the labor market for the year [3]. Group 2: Monetary Policy Stance - Bowman describes the current monetary policy as "moderately restrictive," indicating ongoing efforts to combat inflation and support economic growth [1]. - There is a divergence among Federal Reserve officials regarding interest rate policies, with some believing that current rates are insufficient to effectively curb inflation, leading to a cautious stance on further rate cuts [5]. Group 3: Inflation Outlook - Bowman expresses a relatively optimistic view on inflation, noting that inflationary pressures are easing, partly due to reduced tariff impacts, with underlying inflation nearing the Fed's 2% target [1]. - The Fed's dual mandate of managing inflation and employment presents uneven risks, necessitating a flexible approach to policy decisions [4]. Group 4: Financial Market Vulnerabilities - Concerns are raised about potential vulnerabilities in financial markets, particularly regarding high stock prices and the risk of disappointing returns from AI investments, which could lead to sharp corrections in stock prices [1]. Group 5: Regulatory Focus - In terms of banking regulation, Bowman emphasizes the need to improve merger review processes, assess capital requirements across the banking system, and enhance examiner training and development [2].