For release on delivery
10:00 a.m. EDT (8:00 a.m. MDT)
August 22, 2025
Monetary Policy and the Fed’s Framework Review
Remarks by
Jerome H. Powell
Chair
Board of Governors of the Federal Reserve System
at
“Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy,”
an economic symposium sponsored by the Federal Reserve Bank of Kansas City
Jackson Hole, Wyoming
傑羅姆·鮑威爾在傑克遜霍爾的講話中暗示降息的關鍵言論是：“在政策處於限製性區間的情況下，基準前景和不斷變化的風險平衡可能需要我們調整政策立場。Nonetheless, with policy in restrictive territory, the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance.” 這句話表明，盡管高利率具有限製性，但由於經濟前景的變化，尤其是在勞動力市場降溫以及通脹上行風險減弱的情況下，可能需要進行調整。
