堪萨斯城联邦储备银行行长杰弗里·施密德表示,由于通胀高于目标且劳动力市场尽管有所降温但仍保持健康,他还不准备支持降息。
施密德在堪萨斯银行家协会(Kansas Bankers Association)的一次演讲中表示,近期通胀率的下降"令人鼓舞",如果有更多关于低物价压力的报告,这将增强他对通胀正朝着央行2%目标迈进的信心,从而降息。
施密德说:“我们已经很接近目标了,但仍未达到。” 他没有就美联储应何时降息发表看法:"政策路径将取决于数据和经济实力"。
7月份就业报告弱于预期,招聘明显放缓,失业率升至近三年来的最高水平,在此之后,美联储政策制定者抵制了采取激进行动的呼声。市场认为美联储在9月份下调50个基点的可能性大于50%。
施密德说:"总体而言,劳动力市场仍然健康。上周的7月份就业报告让许多人对这种韧性产生了质疑。但重要的是要注意到,许多其他指标都表明经济持续走强。"
他补充说,堪萨斯城联邦储备银行地区的商业联系人“普遍呈现出乐观和韧性”。
7月31日,美联储官员将利率维持在20多年来的最高水平不变,但暗示离降低借贷成本更近了一步。美联储主席杰罗姆·鲍威尔(Jerome Powell)表示,美联储最早可能在9月份的会议上决定下调利率。
施密德是较为鹰派的美联储官员之一,他表示,两年前通胀率飙升至数十年高位,这要求在评估进展时保持谨慎,"我们应该从数据中寻找最坏的结果,而不是最好的结果"。
施密德于去年8月被任命为堪萨斯城联邦储备银行行长。这位南卫理公会大学考克斯商学院(Southern Methodist University's Cox School of Business)西南银行基金会研究生院(Southwestern Graduate School of Banking Foundation)前总裁兼首席执行官曾长期担任银行家和银行监管者。(财富中文网)
译者:中慧言-王芳
堪萨斯城联邦储备银行行长杰弗里·施密德表示,由于通胀高于目标且劳动力市场尽管有所降温但仍保持健康,他还不准备支持降息。
施密德在堪萨斯银行家协会(Kansas Bankers Association)的一次演讲中表示,近期通胀率的下降"令人鼓舞",如果有更多关于低物价压力的报告,这将增强他对通胀正朝着央行2%目标迈进的信心,从而降息。
施密德说:“我们已经很接近目标了,但仍未达到。” 他没有就美联储应何时降息发表看法:"政策路径将取决于数据和经济实力"。
7月份就业报告弱于预期,招聘明显放缓,失业率升至近三年来的最高水平,在此之后,美联储政策制定者抵制了采取激进行动的呼声。市场认为美联储在9月份下调50个基点的可能性大于50%。
施密德说:"总体而言,劳动力市场仍然健康。上周的7月份就业报告让许多人对这种韧性产生了质疑。但重要的是要注意到,许多其他指标都表明经济持续走强。"
他补充说,堪萨斯城联邦储备银行地区的商业联系人“普遍呈现出乐观和韧性”。
7月31日,美联储官员将利率维持在20多年来的最高水平不变,但暗示离降低借贷成本更近了一步。美联储主席杰罗姆·鲍威尔(Jerome Powell)表示,美联储最早可能在9月份的会议上决定下调利率。
施密德是较为鹰派的美联储官员之一,他表示,两年前通胀率飙升至数十年高位,这要求在评估进展时保持谨慎,"我们应该从数据中寻找最坏的结果,而不是最好的结果"。
施密德于去年8月被任命为堪萨斯城联邦储备银行行长。这位南卫理公会大学考克斯商学院(Southern Methodist University's Cox School of Business)西南银行基金会研究生院(Southwestern Graduate School of Banking Foundation)前总裁兼首席执行官曾长期担任银行家和银行监管者。(财富中文网)
译者:中慧言-王芳
Federal Reserve Bank of Kansas City President Jeffrey Schmid signaled he’s not ready to support a reduction in interest rates with inflation above target and the labor market still healthy despite some cooling.
In a speech to the Kansas Bankers Association, Schmid said the recent decline in inflation has been “encouraging” and further reports of low price pressures would add to his confidence that inflation was on a path to the central bank’s 2% target, and to therefore lower interest rates.
“We are close, but we are still not quite there,” Schmid said. He didn’t give a view on when the Fed should cut interest rates: “The path of policy will be determined by the data and the strength of the economy.”
Fed policymakers have pushed back on calls for aggressive actions following a weaker-than-expected jobs report in July, when hiring slowed markedly and the unemployment rate rose to the highest level in nearly three years. Markets are putting greater than even odds on a half-point cut in September.
“Overall, the labor market still appears healthy,” Schmid said. “Last week’s employment report for July led many to question this resilience. But it is important to note that many other indicators point to continued strength.”
Business contacts in the Kansas City Fed region have “a general tone of optimism and resilience,” he added.
Last week policymakers kept interest rates unchanged at a more than two-decade high, yet signaled they were closer to lowering borrowing costs. Chair Jerome Powell said a rate cut could be appropriate as soon as the central bank’s September meeting.
Schmid, who is among the more hawkish Fed officials, said a surge of inflation to a multi-decade high two years ago calls for caution in evaluating progress and “we should be looking for the worst in the data rather than the best.”
Schmid was named to lead the Kansas City Fed last August. The former president and chief executive officer of the Southwestern Graduate School of Banking Foundation at Southern Methodist University’s Cox School of Business was a longtime banker and bank regulator.