<div id="readability-page-1"><div><div><p><em>Authored by Simon White, Bloomberg macro strategist,</em></p><p><strong>The Federal Reserve has had a clear easing bias in recent decades, which we can see from looking at historical dissents in the FOMC.</strong> We may see more of the same next year,leading to more dissents in a tightening direction, and, with it, rising volatility in short-term rates.</p></div></div></div>

<p>由彭博社宏观策略师西蒙·怀特撰写，美联储在最近几十年中一直表现出明显的宽松倾向，这一点从 FOMC 的历史异议中可以看出。我们可能会在明年看到更多类似的情况，这将导致在收紧政策方向上出现更多异议，并伴随短期利率的波动加大</p>

从反对意见中可以看出，美联储偏向于较低利率的倾向变得更加明显