Odaily星球日报讯 英杰华投资公司（Aviva Investors）多资产投资组合经理贝利·韦克菲尔德（Baylee Wakefield）表示：“投资者将关注今天的 CPI 数据，看看我们是否能从中得到美联储未来走向的任何线索。鲍威尔昨天的发言与其之前所说的非常一致，也许稍微偏鹰派一些。我认为我们得到的信息是，美联储对短期内潜在的通胀上行风险更加紧张。”（金十）

Odaily星球日报讯 英杰华投资公司（Aviva Investors）多资产投资组合经理贝利·韦克菲尔德（Baylee Wakefield）表示：“投资者将关注今天的 CPI 数据，看看我们是否能从中得到美联储未来走向的任何线索。鲍威尔昨天的发言与其之前所说的非常一致，也许稍微偏鹰派一些。我认为我们得到的信息是，美联储对短期内潜在的通胀上行风险更加紧张。”（金十）

分析师：美联储对短期内潜在的通胀上行风险更加紧张

Odaily reports that Baylee Wakefield, a multi-asset portfolio manager at Aviva Investors, said: "Investors will focus on today's CPI data to see if we can get any clues about the future direction of the Fed. Powell's speech yesterday was very consistent with what he had said before, perhaps slightly more hawkish. I think the information we get is that the Fed is more concerned about the upside risks of potential inflation in the short term." (Gold Ten)

Odaily reports that Baylee Wakefield, a multi-asset portfolio manager at Aviva Investors, said: "Investors will focus on today's CPI data to see if we can get any clues about the future direction of the Fed. Powell's speech yesterday was very consistent with what he had said before, perhaps a little more hawkish. I think the information we get is that the Fed is more concerned about the upside risks of potential inflation in the short term." (Gold Ten)

Analysts: The Fed is more nervous about potential upside risks to inflation in the short term

The Federal Reserve Chairman Powell began his two-day congressional testimony on Tuesday, conveying a simple message: due to the favorable economic conditions, the Federal Reserve can calmly decide when and whether to cut interest rates. The Wall Street Journal reporter, who is known as the "mouthpiece of the Federal Reserve", Nick Timiraos, pointed out that Federal Reserve officials are encouraged by the recent inflation data, which indicates that price pressures have remained moderate, suggesting that inflation may soon be closer to the Federal Reserve's 2% target. However, they are concerned about potential policy changes by the Trump administration, including his more aggressive use of tariffs compared to his first term, which could raise the prices of imported goods and disrupt the final stage of their fight against inflation. Timiraos stated that the US economy has proven to be much stronger. Driven by strong consumer spending, high asset prices, and the lingering effects of the aggressive stimulus measures taken by the US government in 2020 and 2021 to support the economy, the US economy has so far withstood the impact of these tighter policies. By the end of last year, the Federal Reserve's preferred inflation indicator, the PCE price index, had fallen to 2.6%, down from the peak of 7.2% in July 2022.

"Fed megaphone": Since the economic situation is good, the Fed can calmly decide when and whether to cut interest rates

Odaily Odaily News reports that Richard Clarida, former Vice Chairman of the Federal Reserve and current Global Economic Advisor at Pimco, has written an article reflecting on his experience during President Trump's first term from 2018-2019, and analyzing the challenges the Federal Reserve may face in 2025. While inflation expectations currently appear stable, tariff policies may underperform expectations and their uncertainty could pose a drag on economic growth, potentially leading to a significant downside surprise in inflation, which could impact monetary policy decisions. (Jinshi)

Former Fed Vice Chairman: Markets may underestimate the potential for inflation to cool this year

Odaily Odaily News reported that Federal Reserve Chairman Powell said that if the economy remains strong and inflation does not approach 2%, the policy can be maintained cautiously for a longer period of time. If the labor market unexpectedly weakens or inflation declines more than expected, the policy can be moderately relaxed. The Federal Reserve will complete the framework review before the end of the summer. (<金十>)