美联储，突爆大消息！

Core Viewpoint - The article discusses the defense of the Federal Reserve's independence amidst criticism from President Trump, highlighting the importance of maintaining stable inflation and economic policies [1][5]. Group 1: Defense of Federal Reserve Independence - Federal Reserve Governor Waller stated that the structure of the Federal Reserve Board has "withstood the test of time" and should be preserved, as it is likely to produce better policy outcomes such as lower inflation and reduced economic volatility [2][4]. - The Federal Reserve Board consists of seven members who cannot be dismissed for policy disagreements, ensuring a degree of independence from political pressures [2]. Group 2: Recent Policy Signals from Federal Reserve Officials - New York Fed President Williams emphasized that stabilizing inflation expectations is a cornerstone of the Federal Reserve's policy, asserting that maintaining price stability is their responsibility [5][6]. - Williams also indicated that discussions about "preventive rate cuts" are "untimely" given the current economic uncertainties, predicting that U.S. economic growth will be "significantly lower" in 2025 compared to 2024 [6]. - Fed Vice Chair Barr warned that U.S. trade policies could lead to sustained inflationary pressures and higher unemployment rates [6]. Group 3: Criticism from Potential Future Fed Chair - Kevin Warsh, a potential candidate for the next Federal Reserve Chair, criticized the Fed for not controlling inflation stemming from tariffs, suggesting that the Fed should take responsibility if it fails to prevent price increases from becoming persistent inflation [7][8]. - Warsh argued that public confidence in the central bank's ability to achieve price stability is a prerequisite for actual price stability [8].