鲍威尔的“历史罪状”！美联储公开2020年9月会议记录，鲍威尔力促“美联储容忍通胀走高”

Core Viewpoint - The Federal Reserve's 2020 policy meeting minutes reveal that Chairman Jerome Powell strongly advocated for a key decision he later regretted, which many critics believe contributed to the Fed's slow response to rising inflation during the pandemic [1]. Group 1: Decision-Making Process - In the September 2020 meeting, Powell pushed for a strong and specific interest rate guidance, committing to keep rates near zero until full employment and a 2% inflation target were achieved [1]. - Despite opposition from several colleagues, Powell won the debate, emphasizing the need for immediate action rather than waiting [2]. Group 2: Internal Opposition - Multiple Federal Reserve officials expressed reservations about the strong commitment but did not publicly voice their dissent [2]. - In the formal vote, Dallas Fed President Rob Kaplan opposed the strong commitment, while Minneapolis Fed President Neel Kashkari supported it [3]. Group 3: Consequences of the Decision - The consequences of this interest rate guidance became evident in the following two years, with inflation starting to rise significantly in 2021, peaking at 7.2% in mid-2022 [4]. - The Fed did not begin raising interest rates until March 2022, months after inflation had clearly exceeded the target, with critics citing the strong commitment made in September 2020 as a key factor in the Fed's delayed action [4].