分析师:沃什杰克逊霍尔讲话或明确美联储应对通胀路径

格隆汇
4 hours ago
Algebris全球信贷投资组合经理Gabriele Foa表示,预计美联储主席沃什将在周五的杰克逊霍尔会议讲话中就美联储如何应对通胀问题提供重要更新,尤其是在7月新闻发布会上释放出混合信号之后。他表示,“到目前为止,美联储一直避免提供明确的前瞻性指引,导致其政策反应函数存在异常大的不确定性。”这种不确定性正在推动美债收益率曲线趋陡,长端收益率成为主要释放压力的渠道。“这在一定程度上与贝森特试图通过降低长期收益率实现的目标相悖,也可能表明美联储与财政部之间的协调程度低于部分市场参与者此前预期。”

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