多家央行为何“干涉”美国内政

Core Viewpoint - The joint statement from multiple central banks supporting Federal Reserve Chairman Jerome Powell reflects rising concerns over potential systemic risks amid declining confidence in the dollar [1][2]. Group 1: Central Banks' Support - The joint statement from the European Central Bank, Bank of England, Bank of Canada, and the Bank for International Settlements emphasizes the importance of maintaining the independence of the Federal Reserve [1]. - This support is driven by economic interests aimed at preserving the stability of their own financial systems, as the Federal Reserve's independence is seen as a cornerstone of the dollar's credit system [1][2]. Group 2: Implications of Dollar Credit Erosion - A decline in dollar credit could lead to a widespread revaluation of global assets, as the dollar accounts for approximately 58% of global foreign exchange reserves and is the primary currency for trade settlements and financial transactions [2]. - If the Federal Reserve becomes too involved in domestic political struggles, it risks losing market trust in its monetary policy, leading to higher risk premiums demanded by investors, increased U.S. Treasury yields, and rising global borrowing costs [2]. Group 3: Political Dynamics and Market Reactions - The joint statement has increased political costs for the U.S. government, with growing opposition domestically, including criticism from former high-profile financial figures and divisions within the Republican Party [3]. - Market reactions following the statement indicate investor concerns regarding the potential loss of Federal Reserve independence, as evidenced by fluctuations in the dollar and U.S. Treasury securities [3]. Group 4: Global Financial Governance Challenges - The actions of multiple central banks highlight a pressing need to address the misalignment between U.S. domestic governance capabilities and the international status of the dollar, suggesting that financial shocks from U.S. political conflicts could have far-reaching global impacts [4]. - There is a call for establishing more effective crisis response mechanisms in the global financial governance system, especially as the international standing of the dollar appears to be weakening over the long term [4].