通胀 - filings, earnings calls, financial reports, news

通胀

Search documents

智通财经网· 2025-06-25 22:23

智通财经APP获悉，美联储主席鲍威尔周三在国会作证时表示，美联储尚未能明确判断关税对通胀的具体影响，决策仍需谨慎。 "问题是，谁来承担关税成本？"鲍威尔在参议院银行委员会的听证会上回应议员提问时表示，"关税有多少会转嫁为通胀？说实话，这很难提前预测。" 本周是鲍威尔连续第二天在国会接受质询。他指出，虽然近期通胀数据低于预期，在关税影响尚不明朗、经济依然稳健的背景下，不应急于降息。除货币政策外，国会也将矛头指向美联储总部翻新项目的高昂成本。委员会主席、共和党参议员Tim Scott质询鲍威尔，称美联储正在对位于华盛顿市中心的两座办公楼进行"奢华翻新"，开支从原先预估的 19亿美元膨胀至25亿美元。鲍威尔对此回应称，外界关于装修内容的报道很多不实。"没有贵宾餐厅，没有新大理石，没有特殊电梯，现有的电梯很旧。也没有水景装置，没有屋顶蜂巢或花园。"鲍威尔表示，尽管项目成本确有增加，相关报道存在夸张与误导。鲍威尔指出，当前数据显示的是"过去的情况"，但多数经济学家预期，在关税政策影响下，今年通胀可能仍有明显上行。自近期通胀放缓以来，特朗普不断施压要求美联储尽快降息，并在社交媒体发文呼吁国会对鲍威尔" ...

鲍威尔国会听证次日：关税史无前例难预测对通胀影响贸易协议可能让联储考虑降息

Hua Er Jie Jian Wen· 2025-06-25 20:54

Group 1: Federal Reserve's Monetary Policy Outlook - Federal Reserve Chairman Powell emphasized that there is no rush to cut interest rates, citing high tariffs as a significant source of uncertainty that requires careful observation [1][2] - Powell indicated that future trade agreements could influence the Fed's consideration of rate cuts, reflecting the impact of trade policies on economic forecasts [1][3] - Most Federal Reserve officials support a rate cut this year, but they are waiting to observe inflation trends in the coming months [3][6] Group 2: Impact of Tariffs on Inflation - Powell stated that the current high tariffs lack modern precedent, making it challenging for the Fed to assess their potential impact on inflation [2][4] - He noted that tariffs are expected to contribute to inflation in the coming months, with consumers likely bearing some of the costs [3][5] - The Fed is still determining how much of the tariff burden will be passed on to consumers and how it will manifest in measured inflation [5][6] Group 3: Fiscal Policy and Debt Concerns - Powell reiterated that the Fed does not consider the federal government's debt in its monetary policy decisions, although he acknowledged that fiscal policy can exacerbate inflationary pressures [8] - He expressed concerns about the sustainability of the U.S. fiscal path, highlighting that debt growth is outpacing economic growth [8] - Powell briefly addressed student loan debt, suggesting it is an issue Congress needs to consider due to its negative impact on borrowers' economic participation [9] Group 4: Federal Reserve Headquarters Renovation - Recent reports indicated that the renovation of the Federal Reserve's headquarters could cost approximately $2.5 billion, leading to public scrutiny [10] - Powell defended the renovation plans, stating that the building requires updates for safety and functionality, and clarified that sensationalized media reports about luxury features are inaccurate [10]