We've got a Fox Business alert. The president responded to a question on his nomination of Kevin Worsh as Fed chair. Listen.>> Did Kevin Walsh commit to you that he will push to cut interest rates if he is confirmed. >> No. But we talk about it and I've been following him and I don't want to ask him that question.I think it's inappropriate. Probably it probably would be allowed, but I want to keep it nice and pure. But he certainly wants to cut rates.I've been watching him for a long time. Okay, let's go ar ...

President Donald Trump on Jan. 30 nominated Kevin Warsh to lead the Federal Reserve and an increasingly divided Federal Open Market Committee once Chair Jerome Powell’s term ends in May. Warsh served on the Fed’s Board of Governors for five years from 2006 to 2011, including during the U.S. financial crisis. During that time, he was seen as a bridge to Wall Street and pegged as a hawk, meaning he favored keeping interest rates high to curb inflation. However, Warsh has recently appeared more dovish, sidin ...

美联储主席继任者相关市场观点 - 有报道称部分债券投资者对凯文·哈塞特可能成为下一任美联储主席表示担忧 但该观点并未在市场价格中体现 收益率曲线陡峭化、盈亏平衡通胀率以及市场对明年4月后降息的定价中均未反映这种担忧 [1][2] - 近期收益率的变动可能更多与日本相关 而非美联储主席人选 [3] - 无论谁担任主席 都将继承一个存在分歧的美联储 需要时间来建立权威 并提供一个具有前瞻性、能够团结委员会的经济愿景 [3][4][7] 美联储政策与市场预期 - 市场对美联储下周降息的预期概率高达91% 预计美联储将跟随市场预期进行降息 [8] - 预计此次降息将是“鹰派降息” 美联储可能将降息归因于当前数据混乱且不完整 需要继续观望 这源于其过度依赖数据的特性 [8][9] - 如果美联储能够前瞻性地看待供应侧的变化 可能会发出不那么鹰派的信号 但目前这个非常向后看的美联储预计将发出鹰派信号 [9] 对美联储长期改革的看法 - 对于市场而言 关键点在于每一位主席候选人都曾表示美联储亟需改革 这一观点获得了广泛认同 [4] - 市场应更关注美联储的长期改革影响 而非纠结于明年下半年是否会进一步降息 [5]

美联储改革与人员调整 - 美联储正进行系统性人员精简 全系统包括理事会和所有储备银行正在实施10%的裁员计划[3] - 裁员完成后美联储员工数量将回落至十多年前水平 预计实现超过十年零岗位增长[3] - 美联储对建设性批评持开放态度 持续寻求改进工作方式但排除独立审查的可能性[4] 货币政策框架与资产配置 - 近期已完成货币政策框架的全面更新 该过程被评估为历时漫长但成效显著[2] - 内部正持续评估美联储系统资产配置合理性 相关工作在幕后积极推进[2]