美联储戴利认为劳动力市场存在脆弱性，有降息空间

Core Viewpoint - The President of the San Francisco Federal Reserve, Mary Daly, suggests that there may be a need for one or two more interest rate cuts to address the weakness in the labor market, as rising prices are eroding workers' wages and new job opportunities are scarce [1][4]. Group 1: Interest Rate Outlook - Daly emphasizes the importance of maintaining an open mindset regarding interest rates, supporting the recent decision to keep the benchmark rate stable at 3.50%-3.75% [1][4]. - She believes there are valid reasons for further rate cuts, contingent on confidence that the impact of tariffs will diminish and inflation is on a downward trajectory [1][4]. Group 2: Labor Market Concerns - The unemployment rate in the U.S. was reported at 4.4% in December, with economists expecting it to remain unchanged in January [2][5]. - Daly expresses greater concern for the labor market than for inflation, noting that if businesses do not see expected demand, a "sluggish" labor market could quickly lead to layoffs [2][6]. - She highlights a troubling trend where many parents report difficulties for their children in finding jobs, with recent data indicating that the unemployment rate for recent college graduates is higher than that of the general workforce [3][7].