When the Federal Reserve recently raised interest rates by a quarter point to a range of 3.75% to 4.00%, many wondered what President Trump's response would be. After all, Trump has been calling on the Fed to cut borrowing costs for more than a year, even before his pick to lead the Federal Open Market Committee (FOMC), Kevin Warsh, was confirmed by the Senate this spring. Must Read In short, Trump was not happy, and he took to Truth Social on Sept. 16 to voice his discontent. The White House then r ...

美联储加息与通胀展望 - 美联储将基准利率上调25个基点至3.75-4%区间，为三年来首次加息，旨在遏制由油价上涨和中东紧张局势引发的持续通胀[1] - 政策制定者上调通胀预测，预计整体通胀率达3.7%（此前为3.6%），核心通胀率升至3.4%（此前为3.3%），通胀预计在2028年后才能回归2%目标[2] - 美联储主席Warsh表示经济接近充分就业，可在不削弱增长或劳动力市场的情况下应对通胀[3] - 最新经济预测摘要显示2026年可能再加息一次，12位官员预计两次加息，4位预计三次，2位预计一次[3] - 中位数预测显示2027年利率保持不变，2028年将有一次降息[4] 受益的债券ETF - 短期和浮动利率债券ETF有望在加息环境中受益[12] - iShares 0-1 Year Treasury Bond ETF (SHV) 持有期限一年以内的美国国债，有效久期仅0.27年，价格对利率上升不敏感，费率15个基点，年化收益率3.70%[6][7] - iShares Floating Rate Bond ETF (FLOT) 投资浮动利率债券，票息与LIBOR等指数挂钩并定期调整，在加息时不会像固定票息债券那样贬值，费率15个基点，年化收益率4.34%[8][9][10] - iShares Interest Rate Hedged Corporate Bond ETF (LQDH) 通过对冲策略降低企业债在加息环境下的价格压力[11][13] - Invesco Senior Loan ETF (BKLN) 投资优先贷款，利率设定在LIBOR之上并定期重置，消除利率风险，且因债务优先级高而违约风险较低，年化收益率6.39%[13]