美国联邦储备委员会于10月28日宣布将联邦基金利率目标区间维持在3.75%至4%不变 1。这一决定符合市场预期 1。在随后的记者会上,美联储主席凯文·沃什重申抗击通胀是央行的首要责任,并明确表示“不相信也不会提供前瞻指引” 1。针对外界关切,沃什确认政治因素不会影响美联储的决策过程 1。
此次利率决议投票中出现了显著分歧,共有两名理事投下反对票,分别是莉萨·库克和贝丝·哈马克 1。另有报道指出,这是自1992年以来首次出现理事与主席意见不一致的情况,且该决策发生在美国中期选举前夕 2。关于经济现状,美联储评估认为美国经济活动稳健扩张,国内消费保持韧性,但通胀率仍处于高位 1。
此外,沃什宣布了对央行例会机制的改革计划 1。从2027年开始,每年8次例会中将有一次聚焦宏观策略但不作出利率决定;到2028年,此类不作利率决定的会议次数将增加至每年2次 1。背景信息显示,此前特朗普曾试图解除理事库克的职务,该案涉及最高法院的相关裁决 1。
The US Federal Reserve announced on October 28 that it would maintain the federal funds rate target range at 3.75% to 4%, a decision that aligned with market expectations 1. In his assessment of the economic landscape, Fed Chair Kevin Warsh noted that while the US economy is expanding robustly and domestic consumption remains resilient, inflation continues to persist at elevated levels 1. The vote resulted in ten governors supporting the decision, while two dissenters, Lisa Cook and Beth Hammack, opposed the hold 1. This occurrence marks the first time since 1992 that both a governor and a president have dissented together, according to reports from Google News 2.
During the press conference, Chair Warsh emphasized that combating inflation remains the central bank's primary responsibility and explicitly stated that he does not believe in providing forward guidance 1. He further assured that political factors would not influence the Federal Reserve's decisions 1. The context of this meeting included previous attempts by former President Donald Trump to remove Governor Cook from her position, which were subject to Supreme Court rulings 1. Additionally, the timing of this decision occurred just ahead of the midterm elections 2.
Warsh also outlined significant structural changes to future monetary policy meetings. Starting in 2027, one of the eight annual meetings will focus on macro strategy without making interest rate decisions, a number that will increase to two such meetings annually beginning in 2028 1.
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