德商银行：沃什或从2026年年中开始降息

Core Viewpoint - Analysts from Deutsche Bank, Bernd Weidensteiner and Christoph Balz, suggest that Kevin Warsh, the Federal Reserve chair nominee by Trump, will initially focus on building consensus within the Fed before gradually implementing further interest rate cuts starting mid-2026 [1] Group 1: Economic Outlook - The current strong performance of the U.S. economy makes Trump's call for "the lowest interest rates in the world" unlikely to be adopted [1] - There is a possibility that the Fed's monetary policy may become excessively accommodative, which could be disconnected from the current economic fundamentals [1] Group 2: Federal Reserve Reforms - Warsh advocates for reforms within the Federal Reserve, and his stance on defending the Fed's independence may differ from previous chairs, potentially increasing inflation risks [1]