cover of episode Hawkish Powell Remarks Accelerate Losses After PPI

Hawkish Powell Remarks Accelerate Losses After PPI

2024/11/14
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Schwab Market Update Audio

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C
Colin Martin
无可用信息。
C
Cooper Howard
[Empty]
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。
K
Kevin Gordon
K
Key Lands'erd
领导联邦储备委员会,负责制定美国货币政策,特别是在高通胀和经济稳定方面发挥关键作用。
M
Michael Townson
一位拥有20多年经验的产品设计师和设计领导者,专注于设计领导、团队管理和战略规划。
Topics
美联储主席杰罗姆·鲍威尔表示,没有必要急于降息,尽管通胀率正在接近2%的目标,但尚未达到。他还指出,劳动力市场状况良好,不再过热,不再是重要的通胀压力来源。 主持人Key Lands'erd 总结了当天的市场行情,指出鲍威尔的谨慎言论加剧了PPI数据公布后的股市下跌,并概述了主要股指的表现。 Cooper Howard认为通货膨胀比预期更具粘性,新政府的政策可能会进一步推高通货膨胀。 Michael Townson分析了共和党赢得众议院多数席位后的政治格局,指出这可能导致政策变化,但也可能由于微弱的优势而面临挑战。 Colin Martin指出,核心PPI同比增速自去年年底以来一直在稳步上升。 Kevin Gordon报道了交易员对12月联邦公开市场委员会会议利率决定的预期。

Deep Dive

Chapters
Fed Chairman Powell's comments in Dallas suggest no hurry for rate cuts, leading to a drop in rate cut odds and extending Wall Street losses.
  • Powell emphasizes the need for careful approach to rate decisions.
  • Inflation is closer to the Fed's 2% goal but not yet there.
  • Volatility in fed funds trading indicates uncertainty about the Fed's next move.

Shownotes Transcript

Fed Chairman Powell said there's no hurry to cut rates, hurting rate-cut odds. Stocks, already down after PPI showed little inflation progress, fell for the third day in four.

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