Odaily星球日报讯 美联储哈玛克表示，维持利率稳定一段时间可能是适宜的，最好花时间评估关税产生的任何影响。耐心的利率政策将为美联储提供评估经济状况的时间。美联储已做好充分准备以应对经济变化。当前通胀风险偏向上行，通胀是否会继续下降至 2%仍不明确。经济状况良好，就业市场稳健。（金十）

Odaily星球日报讯 美联储哈玛克表示，维持利率稳定一段时间可能是适宜的，最好花时间评估关税产生的任何影响。耐心的利率政策将为美联储提供评估经济状况的时间。美联储已做好充分准备以应对经济变化。当前通胀风险偏向上行，通胀是否会继续下降至 2%仍不明确。经济状况良好，就业市场稳健。（金十）

美联储哈玛克：维持利率稳定一段时间可能是适宜的

Odaily Odaily News reports that Federal Reserve Chairman Harma stated that maintaining a stable interest rate for some time may be appropriate, and it would be better to take time to assess the impact of tariffs. A patient interest rate policy will give the Federal Reserve time to assess the economic situation. The Federal Reserve is well prepared to respond to changes in the economy. The risk of inflation is currently tilted to the upside, and it is unclear whether inflation will continue to decline to 2%. The economic situation is good, and the job market is stable. (Gold Ten)

Odaily Odaily reports that Federal Reserve Chairman Harma said that maintaining a stable interest rate for some time may be appropriate, and it would be better to take time to assess any impact of tariffs. A patient interest rate policy will give the Federal Reserve time to assess the economic situation. The Federal Reserve is well prepared to respond to changes in the economy. The current inflation risk is tilted to the upside, and it is unclear whether inflation will continue to decline to 2%. The economic situation is good, and the job market is stable. (<金十>)

Fed's Hammack: Keeping interest rates stable for a while may be appropriate

Odaily Odaily report: LBBW analysts stated in a report that the Federal Reserve will closely monitor to ensure that inflation expectations do not get out of control. This confirms the view of Deutsche Bank analysts that the Federal Reserve will not cut interest rates again before the end of this year. They said: "If inflation risks are taken into account, the yield on long-term US government bonds could soar the next time interest rates are actually raised." (Gold Ten)

Market analysis: The Fed will control inflation expectations

Odaily reports that a research report by CITIC Securities indicates that the number of new non-farm jobs in the US in January 2025 was lower than expected, with the healthcare services, retail, and government sectors being the main contributors. The wildfires in Los Angeles and the severe cold weather in other parts of the US did not have a significant impact on the overall job market. The declining unemployment rate, rising wage growth, and the smaller-than-expected downward revision in the annual revision suggest a healthy job market. We expect the impact of the government efficiency department (DOGE) led by Musk to be relatively small on the 2025 non-farm employment growth. The non-farm data has broken the relatively optimistic sentiment in the market after the release of the December CPI, and the expectation of rate cuts has been postponed again. The market's focus will now be on the tariff fog and inflation expectations of Trump, and US stocks are expected to maintain high volatility. If the January CPI or tariff plan exceeds expectations, US bond yields and the US dollar index may rise again. We maintain our view that the Fed will cut rates twice this year, each by 25bps. (Gold Ten)

CITIC Securities: Maintain the judgment that the Federal Reserve will cut interest rates twice this year

Odaily reports that a Reuters survey shows that 67 out of 101 economists surveyed believe the Federal Reserve will cut interest rates at least once by the end of June (nearly 60% of economists in the January survey expected a rate cut by the end of March), and 57 out of 99 economists believe the Federal Reserve will cut rates one or two more times this year (56 out of 102 economists in the January survey had the same expectation). Additionally, 27 out of 46 economists said the inflation risk from tariffs has recently increased, 17 said there was no change, and 2 said it has decreased. (Jinshi)