“新美联储通讯社”：鲍威尔意外成为“民间英雄”，今年票委力挺

Core Viewpoint - Federal Reserve Chairman Jerome Powell has unexpectedly become a "folk hero," with public admiration for his leadership capabilities, as noted by financial journalist Nick Timiraos [1][3]. Group 1: Leadership and Perception - Philadelphia Fed President Anna Paulson expressed that many, including herself, are impressed by Powell's leadership, highlighting his effectiveness as a chairman [3]. - Paulson emphasized the importance of creating an environment conducive to beneficial decision-making for both the institution and the economy, which Powell has successfully fostered [3]. Group 2: Interest Rate Decisions - Paulson aligns with the mainstream view among market participants and officials that there is no need for an immediate rate cut, having supported recent reductions in the short-term benchmark rate to a range of 3.5%-3.75% [4]. - She anticipates substantial progress in inflation returning to the Fed's 2% target by year-end, but is open to maintaining current rates during the upcoming January meeting [5]. Group 3: Economic Indicators and Labor Market - Paulson is particularly focused on the upcoming January price data, as it may reflect significant price adjustments by businesses at the start of the year [5]. - She noted that the current labor market risks slightly outweigh the risks of persistent inflation, with a significant portion of job growth concentrated in the healthcare and social assistance sector [6]. Group 4: Inflation Outlook - Compared to some colleagues, Paulson has less concern about inflation, observing signs that last year's price increases may recede this year, as businesses are more cautious about raising prices [7]. - She highlighted that companies are now more focused on maintaining market share rather than aggressively increasing prices, indicating a more prudent approach to pricing strategies [7].