Good morning. The takeaway from Federal Reserve chair Jay Powell’s two congressional testimonies this week was a definitive shrug. Powell the hawk warned that “ongoing progress toward our 2 per cent inflation objective is not assured”. Powell the dove said we’re “not far” from a good enough inflation record to cut rates “so that we don’t drive the economy into recession”. Markets ignored it, and so will we. Email us: robert.armstrong@ft.com and ethan.wu@ft.com.
早上好。本周,美聯儲主席杰伊?鮑威爾(Jay Powell)在國會的兩次證詞中傳達的主要信息可謂是絕對的不偏不倚。鷹派的鮑威爾警告稱,“我們朝著2%的通脹目標取得的持續進展并不是板上釘釘的”。而鴿派的鮑威爾則表示,我們離達到足以降息的良好通脹記錄“并不遙遠”,這樣做是為了“不讓經濟陷入衰退”。金融市場對此不予理會,我們也將不予關注。請通過電子郵件聯系我們:robert.armstrong@ft.com 和 ethan.wu@ft.com。