Odaily星球日报讯 美联储巴尔金表示，美联储正在努力使其资产负债表正常化，而不是利用资产负债表来收紧金融条件，最佳的通胀数据是政府数据，如消费者物价指数（CPI）和个人消费支出（PCE）。（金十）

美联储巴尔金：美联储正在努力使其资产负债表正常

Odaily Odaily News: Fed President Barkin said that the Fed is working to normalize its balance sheet, rather than using the balance sheet to tighten financial conditions, and the best inflation data is government data such as the Consumer Price Index (CPI) and Personal Consumption Expenditures (PCE). (Jinshi)

Fed's Barkin: Fed is working to get its balance sheet in order

Odaily Planet Daily Report: Federal Reserve Chair Barr stated that the economic conditions are good, which allows the Federal Reserve to lower borrowing costs. "Strong but more discerning consumers, coupled with a more productive and higher-value workforce, have made the economic situation very favorable." Barr said in a speech prepared for the Baltimore Joint Summit on Tuesday. "Regardless of how the economy develops, the Federal Reserve has the ability to respond appropriately," he said, noting that interest rates have moved away from their peak but are still higher than historical lows. Barr said he is considering two scenarios for the economy: as the uncertainty of the election subsides, businesses may begin to reinvest and hire again, allowing the Federal Reserve to focus on the upside risks to inflation. Alternatively, businesses may resort to layoffs to cope with the profit margin pressure caused by weakening pricing power, which will increase the employment risks facing the Federal Reserve. (Gold Ten)

Fed's Barkin: Fed has the ability to respond to economic changes

Odaily Planet Daily Report: The global market's attention is now turning to the upcoming release of US inflation data, which may affect people's views on the Federal Reserve's room for further rate cuts. US Treasury yields and the US dollar are rising, indicating that investors expect President Trump's plan to impose trade tariffs and tax cuts to put inflationary pressure. Against this backdrop, US stocks have fallen, as relatively high borrowing costs may become an obstacle to risk investments, including cryptocurrencies. (Bloomberg)

Rising U.S. Treasury yields and the dollar push up borrowing costs, which may become an obstacle to risky investments such as cryptocurrencies

Odaily Planet Daily Report: Federal Reserve's Lael Brainard stated that the Federal Reserve will "most likely" need to cut rates further, but should "act with caution". If the Federal Reserve cuts rates excessively, beyond the neutral level, inflation may reaccelerate. The Federal Reserve has made "significant progress" in lowering inflation and restoring economic balance, and it is difficult to determine how many rate cuts are needed and how quickly they should be implemented. (Note: Brainard's remarks on Wednesday were prepared before the release of the October CPI data. (Gold Ten))