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前美联储经济学家:现在不是央行推迟降息的时候,而是美联储让路的时候了

前美联储经济学家:现在不是央行推迟降息的时候,而是美联储让路的时候了

2024/02/14 22:34

Sahm, a former Fed economist, said in an article that the U.S. CPI rose more than expected in January, mainly due to rising housing costs, and that the road back to low inflation is still rocky. However, to the other sectors of the economy and financial markets to bring a greater impact will be the Fed must avoid mistakes this year. Currently, the Fed is considering lowering interest rates against the backdrop of a strong economy. Some argue that this strong growth means the Fed should not cut rates. But the risk is real, the rise in the federal funds rate to the real estate market has brought pressure, but also to the credit market and banks have brought pressure. Several officials said the "worst possible outcome" is that the Fed starts cutting rates and then has to raise them when inflation picks up. And Sahm thinks that's a strange concern, given that the cycle has had little to do with the Fed from the start. He says it's not time for central banks to delay rate cuts, and it's time for the Fed to get out of the way.

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