谁将影响全球最重要的利率?贝森特“夺权”鲍威尔

华尔街见闻
04 Jul

美国财政部倾向于增加短期债券发行的策略,正在实质性削弱美联储的独立性,货币政策制定权或将事实上转移至财政部门。 本周,美国财政部长贝森特明确表态,倾向于更多依赖短期债务融资,这一立场与其此前批评前任过度依赖短期国债的表态形成反差,该策略实质上相当于财政版量化宽松政策。 从短期看,财政部转向更多发行短期国债将刺激风险资产价格进一步脱离长期公允价值,并在结构上推高通胀水平。 更为深远的影响在于,这将...

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