Odaily星球日报讯 美联储主席鲍威尔：美联储致力于完成控制通胀的任务。经济强劲使美联储能够谨慎地做出决策。（金十）

美联储主席鲍威尔：美联储致力于完成控制通胀的任务

Odaily Odaily News: Fed Chairman Powell: The Fed is committed to completing the task of controlling inflation. The strong economy enables the Fed to make decisions prudently. (Jinshi)

Fed Chairman Powell: Fed is committed to completing its mission of controlling inflation

Odaily Planet Daily Report: Federal Reserve Governor Kugler stated that policymakers must focus on the Federal Reserve's inflation and employment targets, and pointed out that the labor market is cooling and the Federal Reserve's 2% inflation target is making slow progress. Kugler said in a prepared speech on Thursday: "The anti-inflation trend is continuing to slow, the labor market is cooling, which means we need to continue to focus on the two tasks." She said: "If there are any risks that impede progress or re-accelerate inflation, it would be appropriate to pause our policy rate cuts. But if the labor market suddenly slows, it would be appropriate to continue to gradually lower the policy interest rate." Kugler said that the slowdown in wage growth and stable inflation expectations may further slow price growth, but stubborn inflation in housing and other categories may impede further progress. (Jin Shi)

Fed Governor Kugler: We must focus on both inflation and employment goals

Odaily Planet Daily Report: Federal Reserve Governor Lael Brainard firmly defended the central bank's independence on Thursday, saying that keeping monetary policy decisions free from political influence can improve inflation outcomes. Brainard stated that the independence of the central bank is the "fundamental" to achieving low inflation, especially in developed economies. Brainard said that as part of credibility, it is crucial for the central bank to maintain transparency and accountability. Using the Federal Reserve as an example, she said that officials such as Fed Chair Powell have tried to clearly explain the Fed's goals and actions. "Monetary policy works in part by trying to influence the public's view of the future state of the economy, so clearly communicating those intentions is crucial," she said. This helps to establish credibility by lending legitimacy to decision-making, and can make policy decisions more effective. Brainard said: "If the central bank takes actions that make the public believe the central bank is actively pursuing its stated objectives, then the central bank will be more credible."

Fed Governor Kugler defends central bank independence

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))