Odaily星球日报讯 美联储巴尔金表示，美联储将不得不摸索着走向中性利率，具体情况取决于通胀是否趋于稳定。未来可能面临更多成本压力，采取稳健的方法是好的。（金十）

美联储巴尔金：美联储将不得不摸索走向中性利率

Odaily Odaily News: Fed&#39;s Barkin said the Fed will have to grope its way to a neutral interest rate, depending on whether inflation stabilizes. There may be more cost pressures in the future, so a prudent approach is a good idea. (Jinshi)

Fed's Barkin: Fed will have to grope its way to neutral rate

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

The Federal Reserve's Barr stated that the Federal Reserve 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). (Gold Ten)

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

Odaily Planet Daily Report: Powell will deliver a speech this Friday to discuss interest rates and economic issues. Investors and economists will closely watch for his clues about the Fed's December interest rate decision and the policy outlook for 2025. In his recent remarks, Powell emphasized the Fed's dual mandate - the balanced risk of stabilizing inflation and supporting maximum employment. He described the Fed's path of rate cuts as the "normalization" of policy. The interest rate futures market pricing on Wednesday suggests that the probability of a 25-basis-point rate cut at the Fed's December 17-18 meeting exceeds 80%, while the probability of no rate cut is greater. The policymakers' update to their quarterly economic forecast summary in September showed a median forecast of a 1-percentage-point rate cut in 2024, followed by a 1-percentage-point rate cut in 2025. Officials will update the so-called "dot plot" at the December meeting, giving them an opportunity to signal the policy path for 2025 and beyond. (Gold Ten)