Core Viewpoint - The Federal Reserve officials are signaling a potential interest rate cut soon, with market expectations for a 25 basis point cut in September reaching 86.9% [1][3]. Group 1: Federal Reserve's Position - Mary Daly, President of the San Francisco Fed, indicated that the Fed is preparing to lower interest rates, suggesting that inflation pressures from tariffs may be temporary [2][3]. - The Fed's dual mandate of maximum employment and price stability is currently under tension, with rising inflation from tariffs and signs of a slowing labor market [2]. Group 2: Economic Indicators - Recent data showed that U.S. consumer spending in July recorded its largest increase in four months, indicating resilience in the economy [3]. - The next Federal Reserve meeting is scheduled for September 16-17, where a 25 basis point rate cut is highly anticipated [3]. Group 3: Trump vs. Federal Reserve - A court hearing regarding the dismissal of Fed Governor Cook by President Trump took place, marking a significant legal battle over the President's control over Fed monetary policy [4][5]. - The Justice Department argues that the President has discretion in dismissing Fed officials, while Cook's legal team claims the accusations against her are politically motivated and unverified [5][6]. Group 4: Implications of Court Ruling - If Trump successfully removes Cook and appoints a new member, he could gain substantial control over the Fed's interest rate decisions, potentially aligning the board with his preference for aggressive rate cuts [6].
美联储,强烈降息信号!
券商中国·2025-08-30 01:29