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鲍威尔警告股市估值“相当高”,美股三连涨终结(附演讲全文)
华尔街见闻· 2025-09-23 23:57
美东时间23日周二,在上周美联储宣布降息后的首次公开演讲中,美联储主席鲍威尔继续为进一步降息留下空间,并暗示在有挑战的风险环境下会谨慎降息。 在问答环节, 鲍威尔警告股市估值太高 ,打压了市场情绪,引发美股大盘下挫,收盘时三大指数结束三连涨势头,纳指跌近1%。 演讲稿中, 鲍威尔再次警告,联储的双重使命——充分就业和价格稳定均面临威胁,两面的风险意味着没有毫无风险的政策路径。 假如降息幅度过大或速度 过快,可能无法有限控制高通胀、让通胀持续高于美联储2%的目标,而假如货币紧缩维持太久,则可能无谓地拖累劳动力市场。 鲍威尔指出,"短期内通胀存在上行风险,就业则存在下行风险——这是一个有挑战的局面"。在"活力不足、略显疲软的劳动力市场"形势下,就业下行的风险已 增加。正是因为就业风险增加导致风险平衡变化,上周美联储才决定降息。 对于关税,鲍威尔重申,合理的预期是, 关税对通胀将有短暂影响,只会导致一次性的价格波动。 不过,"一次性"的波动并不意味着"立即发生",可能会持续 几个季度。鲍威尔仍认为,美联储必须密切关注关税可能带来的持续性影响,称要确保关税不会演变为持续性的通胀问题。 鲍威尔本次讲话没有透露任何信息, ...
鲍威尔:货币政策面临“双向挑战”,没有毫无风险路径,股市估值“相当高”(附讲稿全文)
Sou Hu Cai Jing· 2025-09-23 23:31
在上周美联储宣布降息后的首次公开演讲中,美联储主席鲍威尔和上周发布会上一样继续为进一步降息留下空间,并暗示 在有挑战的风险环境下会谨慎降息。在问答环节,鲍威尔警告股市估值太高,引发美股大盘下挫。 美东时间23日周二的演讲稿中,鲍威尔再次警告,联储的双重使命——充分就业和价格稳定均面临威胁,两面的风险意味 着没有毫无风险的政策路径。假如降息幅度过大或速度过快,可能无法有限控制高通胀、让通胀持续高于美联储2%的目 标,而假如货币紧缩维持太久,则可能无谓地拖累劳动力市场。 鲍威尔指出,"短期内通胀存在上行风险,就业则存在下行风险——这是一个有挑战的局面"。在"活力不足、略显疲软的劳 动力市场"形势下,就业下行的风险已增加。正是因为就业风险增加导致风险平衡变化,上周美联储才决定降息。 对于关税,鲍威尔重申,合理的预期是,关税对通胀将有短暂影响,只会导致一次性的价格波动。不过,"一次性"的波动 并不意味着"立即发生",可能会持续几个季度。鲍威尔仍认为,美联储必须密切关注关税可能带来的持续性影响,称要确 保关税不会演变为持续性的通胀问题。 鲍威尔本次讲话没有透露任何信息,暗示他会不会在10月的下次美联储货币政策会议上支持 ...
美联储主席鲍威尔:关税推高商品价格 为保就业而降息
Di Yi Cai Jing· 2025-09-23 23:21
Core Viewpoint - The increasing downside risks in the labor market were a key reason for the Federal Reserve's recent decision to cut interest rates [1] Group 1: Federal Reserve Actions - The Federal Reserve's recent rate cut is seen as a shift towards a "neutral" policy stance [1] - Future policy directions are not predetermined, indicating a flexible approach to economic conditions [1] Group 2: Economic Indicators - Current inflation levels remain slightly above the target, with the August core PCE inflation rate expected to be 2.3% [1] - The rise in goods prices is primarily attributed to tariff impacts rather than widespread inflationary pressures [1] Group 3: Consumer and Business Sentiment - Signs of slowing consumer spending have been observed, alongside weakened business confidence due to uncertainty [1] - The vitality of the labor market is showing signs of decline, which may further impact economic growth [1] Group 4: Future Inflation Outlook - Tariffs are expected to potentially lead to a rise in inflation over the next few quarters, although this inflation may be "relatively transient" [1] - The Federal Reserve aims to prevent one-time price increases from evolving into a persistent inflation issue [1]
鲍威尔:关税推高商品价格 为保就业而降息
Sou Hu Cai Jing· 2025-09-23 23:18
鲍威尔同时指出,消费者支出已出现放缓迹象,企业信心受不确定性影响,劳动力市场活力有所减弱。他判断,关税可能会在未来几个季度导致通胀有所上 升,但关税带来的通胀可能"相对短暂",美联储将防范一次性物价上涨演变为持续性问题。(央视记者 赵淼) 责编:李文玉 | 审核:李震 | 监审:古筝 当地时间9月23日,美联储主席鲍威尔就政策动向及经济形势表态,指出就业市场下行风险增大,是促使美联储上周采取降息行动的关键原因。 鲍威尔表示,此举是政策立场转向"中性"的一步,并强调未来政策没有预设方向。他承认当前通胀水平仍略高于目标,8月核心PCE通胀率预计为2.3%,其 中商品价格上涨主要反映了关税影响,而非广泛的通胀压力。 (来源:央视新闻) ...
美联储降息原因披露 鲍威尔发声!美股三大股指全线收跌
当地时间9月23日,美股三大股指全线收跌。Wind数据显示,截至收盘,道琼斯工业指数跌0.19%报46292.78点,标普500指数跌0.55%报6656.92点,纳斯 达克指数跌0.95%报22573.47点。 Wind数据显示,当地时间9月23日,美股三大股指全线收跌,道琼斯工业指数跌0.19%,标普500指数跌0.55%,纳斯达克指数跌0.95%。其中,亚马逊跌超 3%,英伟达跌近3%。中概股普遍下跌,百度跌超8%,世纪互联跌近7%。 消息面上,根据央视新闻报道,当地时间9月23日,美联储主席鲍威尔就政策动向及经济形势表态称,就业市场下行风险增大,是促使美联储上周采取降 息行动的关键原因。 大型科技股集体下跌 据新华社报道,截至当地时间9月23日收盘,国际油价上涨。纽约商品交易所11月交货的轻质原油期货价格上涨1.13美元,收于每桶63.41美元,涨幅为 1.81%;11月交货的伦敦布伦特原油期货价格上涨1.06美元,收于每桶67.63美元,涨幅为1.59%。 宝城期货表示,美联储9月降息落地,多头了结告一段落,美元指数回落,金价突破前高,短期有加速上行之势。中长线上行趋势未改,短线可关注5日和 10日 ...
美联储主席鲍威尔:关税推高商品价格,为保就业而降息
Sou Hu Cai Jing· 2025-09-23 23:01
鲍威尔表示,此举是政策立场转向"中性"的一步,并强调未来政策没有预设方向。他承认当前通胀水平 仍略高于目标,8月核心PCE通胀率预计为2.3%,其中商品价格上涨主要反映了关税影响,而非广泛的 通胀压力。 鲍威尔同时指出,消费者支出已出现放缓迹象,企业信心受不确定性影响,劳动力市场活力有所减弱。 他判断,关税可能会在未来几个季度导致通胀有所上升,但关税带来的通胀可能"相对短暂",美联储将 防范一次性物价上涨演变为持续性问题。(央视新闻) 当地时间9月23日,美联储主席鲍威尔就政策动向及经济形势表态,指出就业市场下行风险增大,是促 使美联储上周采取降息行动的关键原因。 ...
Powell Warns The Fed Faces a 'Challenging' Situation in Setting Interest Rates
Yahoo Finance· 2025-09-23 20:25
Chip Somodevilla / Getty Images The Fed continues to emphasize that it currently has no "risk-free" path. Key Takeaways Fed Chair Jerome Powell said the economy is pulling the central bank's policy in two different directions, as the job market weakens while inflation remains elevated. The central bank has started cutting interest rates, but could change its strategy if inflation gets worse. Two other Fed policymakers spoke Tuesday, with one advocating for gradual rate cuts and the other for more dec ...
I inherited a bunch of gold jewelry from my grandmother and I know it’s worth a lot. Is now the time to sell?
Yahoo Finance· 2025-09-23 19:45
Group 1: Gold Market Overview - Gold has experienced significant growth, with an estimated 68% increase expected by March 2025 for investments made at the beginning of 2023 [1] - Current gold prices are approximately $3,700 per ounce, reaching record highs [5] Group 2: Consumer Behavior and Market Trends - There is a rising trend of individuals and families selling or melting old jewelry to access cash due to the strong gold market [4] - The motivation for selling includes covering urgent expenses and capitalizing on the increased value of previously overlooked pieces [4] Group 3: Selling Gold Jewelry - It is advised to conduct thorough research before selling gold jewelry, as not all pieces should be melted down [5] - Items with historical or artistic value may be worth more in their original form, necessitating consultation with a reputable jeweler or appraiser [6] - The competitive nature of the gold marketplace suggests that consumers should compare offers from multiple shops and conduct online research to secure the best price [6]
鲍威尔:将确保关税不会驱动通胀。重申未来的政策路径不会是没有风险的
Hua Er Jie Jian Wen· 2025-09-23 16:38
鲍威尔:将确保关税不会驱动通胀。重申未来的政策路径不会是没有风险的。 市场有风险,投资需谨慎。本文不构成个人投资建议,也未考虑到个别用户特殊的投资目标、财务状况或需要。用户应考虑本文中的任何 意见、观点或结论是否符合其特定状况。据此投资,责任自负。 风险提示及免责条款 ...
Citi's Rob Rowe: A Fed easing cycle into a soft landing is very positive for risk assets
Youtube· 2025-09-23 16:37
Well, let's stick with the Fed rate cuts and what it means for your portfolio. Joining us here at Post 9, City Research head of global strategy, Rob row. Rob, thanks for being here uh with us here.Great to see you, Courtney. Yeah, obviously the market just keeps hitting record after record. It seems almost unbelievable, but it keeps happening even with all of these macro crosscurrens.But your expectations are that we're going to hit around uh what 6,600 for year end by year end. So, a little lower than we a ...