智通财经APP获悉，富达国际全球宏观及策略资产配置主管Salman Ahmed表示，一如普遍市场预期，美联储宣布加息25个基点。这次决议所带来的更重要讯息是，美联储的政策反应机制正逐渐明朗化。而且本次决议获得一致通过，这一点尤为重要。
富达的基本假设仍维持认为这轮周期将加息三至四次，而非一次性调整。不过，此观点的前提是AI资本开支周期持续。
公司续称，现阶段美联储已重启加息周期，委员会立场一致，而点阵图亦显示此轮周期尚未结束。更重要的是，美联储现时预测通胀将更长时间维持高于目标水平，这与富达的资本市场假设所采纳的结构性通胀框架一致。另政策路径仍将取决于数据，然而若AI投资周期维持强劲且通胀依然高企，富达认为此轮收紧货币政策周期还会进一步延续。
长期债券市场的反应亦值得留意，尽管美联储加息且点阵图偏向强硬立场，但长期债券的收益率却有所回落，是利好现象，但也不宜过早对美联储的政策公信力下定论。至少，市场并未将这次会议视为长期通胀风险增加的讯号。真正的问题在于，此轮加息周期最终会走多远。
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