Federal Reserve Bank of Boston President Eric Rosengren, who wanted to maintain the target range for the federal funds rate at the previous level, apparently held a different view with Bullard on inflation.
"Additional monetary stimulus is not needed for an economy where labor markets are already tight, and risks further inflating the prices of risky assets and encouraging households and firms to take on too much leverage," Rosengren said in a separate statement.
"While risks clearly exist related to trade and geopolitical concerns, lowering rates to address uncertainty is not costless," said Rosengren, one of the two Fed officials who preferred to keep the interest rates unchanged at the policy meeting earlier this week.
Federal Reserve Vice Chairman Richard Clarida, meanwhile, refuted these arguments, saying in an interview with television business news channel CNBC that "clearly the center of gravity on the committee" is that the latest rate cut was "appropriate."
The rate-setting Federal Open Market Committee (FOMC), currently made up of 10 members, trimmed the target for the federal funds rate by 25 basis points to a range of 1.75 percent to 2 percent on Wednesday, following a rate cut in late July that was the first in more than a decade.
"The last time we saw three dissenting votes occurred in September 2016," said Diane Swonk, chief economist at Grant Thornton, a major accounting firm.
【国际英语资讯:U.S. Fed officials remain divided following second rate cut this year】相关文章:
★ 印巴的亲情纽带
最新
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15
2020-09-15