We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Powell says rate decisions won’t be influenced by the election

Powell says rate decisions won’t be influenced by the election

2024/7/10
logo of podcast Marketplace Minute

Marketplace Minute

AI Deep Dive AI Chapters Transcript
People
J
Jerome Powell
现任美联储主席,曾任投资银行家和律师,领导美联储应对COVID-19疫情和控制通胀。
Topics
Jerome Powell: 我想强调的是,美联储的货币政策决策完全独立于政治考虑。即将到来的选举不会影响我们对利率的判断。我们的决定将基于对经济数据的全面评估,以及对通货膨胀和就业目标的持续关注。我们致力于维护价格稳定和最大限度地实现就业,这些目标是长期性的,不受短期政治周期的影响。我们相信,保持货币政策的独立性对于维护公众对美联储的信任至关重要,这对于经济的长期健康发展至关重要。我们不会因为政治压力而改变我们的决策,我们将继续根据经济形势做出最符合国家利益的决定。 Henry Epp: 根据我的报道,美联储主席鲍威尔明确表示,即将举行的选举不会影响美联储今年晚些时候做出的利率决定。这是一个重要的声明,因为它消除了市场上关于美联储可能为了迎合政治因素而采取行动的担忧。鲍威尔的声明强调了美联储致力于保持其货币政策独立性,不受政治压力的影响。 然而,值得注意的是,经济形势复杂多变,任何预测都存在不确定性。虽然鲍威尔排除了选举的影响,但其他经济因素,例如通货膨胀率、就业数据和全球经济增长,仍然会影响美联储的最终决定。因此,投资者和公众应该密切关注这些经济指标,以更好地了解美联储未来可能采取的行动。

Deep Dive

Shownotes Transcript

Translations:
中文

Stocks hit fresh records. I'm Henry Epp with the Marketplace Minute. Markets rose across the board. The S&P 500 climbed just over 1% to hit a record. The Nasdaq gained nearly 1.2% to a new high. The Dow was up 1.1%.

Federal Reserve Chair Jerome Powell told members of Congress that the election won't be a factor in the central bank's interest rate decisions later this year. Powell was responding to a question about whether a potential rate cut in September might be viewed as political, just weeks away from the November election.

Wholesalers stocked up this spring. Inventories rose 0.6 percent in May, according to the Commerce Department. Inventories were especially boosted by the automotive sector, which saw an increase of 1.4 percent from April. And the maker of TurboTax and QuickBooks plans to lay off 10 percent of its workforce, then rehire a similar number of workers in a bid to invest in artificial intelligence. The company Intuit also plans to shut down two of its locations, one in Idaho and one in Canada.

I'm Henry App with the Marketplace Minute.