每日新闻更新 — 鲍威尔对锚定通胀的看法 - The Daily Update - Powell's anchored inflation belief

美国联邦储备委员会主席杰罗姆·鲍威尔(Jerome Powell)在本月早些时候的一次演讲中表示,尽管失业率较低,他认为通胀仍保持锚定,没有任何迹象表明通胀将会飙升;他补充说,他并不担心菲利普斯曲线“很快将进行报复” 。鲍威尔在全国商业经济学协会的讲话中特别强调了他在菲利普斯曲线“休眠”问题上对通胀预期的锚定性质的看法。他接着说,他的通胀预期是他产生菲利普斯曲线适度变陡不太可能导致通货膨胀显著上升这种观点的“关键”。他的原话是这样的:“我们的最佳估计表明,只要通胀预期保持稳定,菲利普斯曲线适度变陡就不太可能导致通胀的显著上升,或者需要破话性的政策收紧来应对。同样,这里的关键是预期保持不变”。他还指出,更好的货币政策是紧缩的劳动力市场对通胀产生影响较小的一个原因。他说,“许多因素,包括过去几十年更好的货币政策,都大大降低了劳动力市场的紧缩对通胀的影响”。不过,他确实表示,如果通胀预期向上移动,美联储“随时准备以权威的方式采取行动”。

昨天我们还听到白宫经济主管拉里·库德洛(Larry Kudlow)说,虽然唐纳德·特朗普总统担心更高的利率可能会破坏美国经济,但当他批评货币政策“疯狂”时,他并不是试图干涉美联储的独立性。在福克斯的《周日新闻》节目中,库德洛说:“作为一个成功的商人和投资者的总统,他对这些话题了解得很多,他只是在发表自己的看法”。当被问及特朗普的言论是否破坏了美联储的独立性或影响到政策时,库德洛很快就为他的老板进行了辩护。库德洛说,“他没有告诉他们或强迫他们改变策略,也并没有告诉他们改变他们的政策。”;他补充说,“他只是把一个非常重要的问题提了出来”。

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