<p><strong>ARK Invest</strong> 首席执行官 <strong>Cathie Wood</strong> 周三表示，尽管美国经济正在复苏，但通胀在未来几年可能会降至 0% 到 1% 之间，并表示她预计美联储主席 <strong>Kevin Warsh</strong> 会在价格压力缓解时避免收紧政策。</p>
<p>在亚洲和欧洲进行路演后，Wood 在一系列 X 上的帖子中表示，尽管她认为通胀可能会因生产力上升和单位劳动成本下降而 “显著下降”，但投资者仍然对通胀感到担忧。</p>
<h2>Wood 指出生产力和劳动成本</h2>
<p>Wood 表示，美国第一季度的生产力同比增长约 3%，而每小时薪酬增长 3.5%，根据单位劳动成本计算，潜在通胀为 0.5%。</p>
<p>她补充说，生产力在 1980 年代和 1990 年代对抑制通胀发挥了关键作用，仍然继续作为一种去通胀的力量。</p>
<blockquote>
<p>在亚洲和欧洲的路演中，我被投资者对通胀的担忧所震撼。当我建议通胀可能会显著下降时，他们感到惊讶，这不仅仅是因为油价。根据单位劳动成本，通胀已经降至 0.5% 的同比水平。</p>
<p>— Cathie Wood (@CathieDWood) 2026 年 6 月 24 日</p>
</blockquote>
<p>在 5 月，美国 消费者价格 同比上涨 4.2%，高于 4 月的 3.8%，是自 2023 年 4 月以来的最高水平。</p>
<p><strong>另请阅读：</strong>
<strong>伊丽莎白·沃伦表示特朗普在通胀超过工资增长时变得富有 14 亿美元：‘这告诉你特朗普为谁而战’</strong></p>
<h2>Truflation 和 Warsh 支持温和的通胀观点</h2>
<p>Wood 补充说，实时通胀追踪器 Truflation 的同比已从 2022 年的 11% 降至 1.8%，而其核心指标目前为 1.4%。</p>
<p>Wood 表示，她相信 Warsh 理解生产力的去通胀影响以及 “政府测量的通胀率中的缺陷”，并补充说，如果通胀下降，他不会阻碍经济增长。</p>
<p>“美联储正在从抑制增长转向鼓励增长，” Wood 补充道。</p>
<p>在担任美联储主席的首次会议上，Warsh 维持利率不变，拒绝参与 美联储的 “点阵图”，并表示中央银行将采取更少的沟通方式来进行货币政策。</p>
<blockquote>
<p>总结一下，如果美国经济继续加速增长——甚至繁荣——而通胀在未来几年降至 0-1% 或更低，正如我们认为的那样，Kevin Warsh 的美联储将不会阻碍这一进程。美联储正在从抑制增长转向鼓励增长。</p>
<p>— Cathie Wood (@CathieDWood) 2026 年 6 月 24 日</p>
</blockquote>
<h2><strong>Wood 的展望与华尔街的鹰派美联储预期形成对比</strong></h2>
<p>Wood 的展望与华尔街的预测形成对比，后者预计由于通胀仍高于美联储的 2% 目标，将提高利率。</p>
<p>本周早些时候，<strong>美国银行</strong> 采用了 华尔街最鹰派的预测之一，预计美联储将在 2026 年底之前累计加息 75 个基点。</p>
<p>“虽然其他人预测的加息时间比几个月前更早，但我相信 Warsh 将为金融市场提供货币政策的高水平课程，” Wood 补充道。</p>
<p>6 月的 CPI 数据将于 7 月 14 日公布，届时美联储将于 7 月 28-29 日召开下一次政策会议。</p>
<p><strong>另请阅读：</strong>
<strong>纳斯达克因芯片股下跌而下跌超过 100 点：投资者情绪下降，贪婪指数仍处于 ‘恐惧’ 区间</strong></p>
<p><strong><em>免责声明</em>：</strong> <em>本内容部分由 AI 工具生成，并由 Benzinga 编辑审核和发布。</em></p>
<p><em>照片：Rawpixel.com / Shutterstock.com</em></p>

<p>ARK Invest 首席执行官 Cathie Wood 预测，由于生产力提高和劳动力成本下降，美国通胀可能降至 0%-1%。她预计美联储主席 Kevin Warsh 如果价格压力减轻，将避免收紧政策，并表示美联储将从抑制增长转向鼓励增长。这一观点与华尔街预期的更高利率形成对比</p>

<p><strong>ARK Invest</strong> CEO <strong>Cathie Wood</strong> said Wednesday inflation could fall to between 0% and 1% over the next few years, even as the U.S. economy gains momentum, saying she expects Federal Reserve Chair <strong>Kevin Warsh</strong> to avoid tightening policy if price pressures ease.</p>
<div class="lb-trans"><p><strong>ARK Invest</strong> 首席执行官 <strong>Cathie Wood</strong> 周三表示，尽管美国经济正在复苏，但通胀在未来几年可能会降至 0% 到 1% 之间，并表示她预计美联储主席 <strong>Kevin Warsh</strong> 会在价格压力缓解时避免收紧政策。</p>
</div><p>Following a roadshow across Asia and Europe, Wood said in a series of posts on X, that investors remained concerned about inflation despite her view that it could “break down in a big way” on rising productivity and easing unit labor costs.</p>
<div class="lb-trans"><p>在亚洲和欧洲进行路演后，Wood 在一系列 X 上的帖子中表示，尽管她认为通胀可能会因生产力上升和单位劳动成本下降而 “显著下降”，但投资者仍然对通胀感到担忧。</p>
</div><h2>Wood Points To Productivity, Labor Costs</h2>
<div class="lb-trans"><h2>Wood 指出生产力和劳动成本</h2>
</div><p>Wood said first-quarter U.S. productivity rose about 3% from a year earlier, while compensation per hour increased 3.5%, putting underlying inflation at 0.5% based on unit labor costs.</p>
<div class="lb-trans"><p>Wood 表示，美国第一季度的生产力同比增长约 3%，而每小时薪酬增长 3.5%，根据单位劳动成本计算，潜在通胀为 0.5%。</p>
</div><p>She added that productivity, which played a key role in keeping inflation subdued during the 1980s and 1990s, continues to act as a disinflationary force.</p>
<div class="lb-trans"><p>她补充说，生产力在 1980 年代和 1990 年代对抑制通胀发挥了关键作用，仍然继续作为一种去通胀的力量。</p>
</div><blockquote>
<p>On a roadshow through Asia and Europe, I am struck by investor fears of inflation. They are surprised when I suggest that inflation could break down in a big way, and not just because of oil prices. As measured by unit labor costs, inflation already is down to 0.5% YoY.</p>
<p>— Cathie Wood (@CathieDWood) June 24, 2026</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>在亚洲和欧洲的路演中，我被投资者对通胀的担忧所震撼。当我建议通胀可能会显著下降时，他们感到惊讶，这不仅仅是因为油价。根据单位劳动成本，通胀已经降至 0.5% 的同比水平。</p>
<p>— Cathie Wood (@CathieDWood) 2026 年 6 月 24 日</p>
</blockquote>
</div><p>In May, U.S. consumer prices rose 4.2% year over year, up from 3.8% in April and the highest reading since April 2023.</p>
<div class="lb-trans"><p>在 5 月，美国 消费者价格 同比上涨 4.2%，高于 4 月的 3.8%，是自 2023 年 4 月以来的最高水平。</p>
</div><p><strong>Read Also:</strong>
<strong>Elizabeth Warren Says Trump Got $1.4 Billion Richer While Inflation Outpaced Wage Growth: 'Tells You Everything About Who Trump Is Fighting For'</strong></p>
<div class="lb-trans"><p><strong>另请阅读：</strong>
<strong>伊丽莎白·沃伦表示特朗普在通胀超过工资增长时变得富有 14 亿美元：‘这告诉你特朗普为谁而战’</strong></p>
</div><h2>Truflation, Warsh Support Softer Inflation View</h2>
<div class="lb-trans"><h2>Truflation 和 Warsh 支持温和的通胀观点</h2>
</div><p>Wood added that Truflation, the real-time inflation tracker, has declined to 1.8% year over year from 11% in 2022, while its core measure currently stands at 1.4%.</p>
<div class="lb-trans"><p>Wood 补充说，实时通胀追踪器 Truflation 的同比已从 2022 年的 11% 降至 1.8%，而其核心指标目前为 1.4%。</p>
</div><p>Wood said she believes Warsh understands the disinflationary impact of productivity and the “flaws in government-measured inflation rates”, adding that he would not stand in the way of economic growth if inflation falls.</p>
<div class="lb-trans"><p>Wood 表示，她相信 Warsh 理解生产力的去通胀影响以及 “政府测量的通胀率中的缺陷”，并补充说，如果通胀下降，他不会阻碍经济增长。</p>
</div><p>“The Fed is shifting from fighting growth to encouraging it,” Wood added.</p>
<div class="lb-trans"><p>“美联储正在从抑制增长转向鼓励增长，” Wood 补充道。</p>
</div><p>At his first meeting as Fed chair, Warsh kept interest rates unchanged, declined to participate in the Fed’s “dot plot” and said the central bank would take a less communicative approach to monetary policy.</p>
<div class="lb-trans"><p>在担任美联储主席的首次会议上，Warsh 维持利率不变，拒绝参与 美联储的 “点阵图”，并表示中央银行将采取更少的沟通方式来进行货币政策。</p>
</div><blockquote>
<p>To conclude that thought, if the US economy continues to pick up momentum—even booms—while inflation slips to 0-1% or below during the next few years, as we believe is likely, Kevin Warsh’s Fed will not stand in the way. The Fed is shifting from fighting growth to encouraging it.</p>
<p>— Cathie Wood (@CathieDWood) June 24, 2026</p>
</blockquote>
<div class="lb-trans"><blockquote>
<p>总结一下，如果美国经济继续加速增长——甚至繁荣——而通胀在未来几年降至 0-1% 或更低，正如我们认为的那样，Kevin Warsh 的美联储将不会阻碍这一进程。美联储正在从抑制增长转向鼓励增长。</p>
<p>— Cathie Wood (@CathieDWood) 2026 年 6 月 24 日</p>
</blockquote>
</div><h2><strong>Wood’s Outlook Contrasts With Wall Street’s Hawkish Fed Calls</strong></h2>
<div class="lb-trans"><h2><strong>Wood 的展望与华尔街的鹰派美联储预期形成对比</strong></h2>
</div><p>Wood’s outlook contrasts with Wall Street forecasts expecting higher interest rates as inflation remains above the Federal Reserve’s 2% target.</p>
<div class="lb-trans"><p>Wood 的展望与华尔街的预测形成对比，后者预计由于通胀仍高于美联储的 2% 目标，将提高利率。</p>
</div><p>Earlier this week, <strong>Bank of America</strong> adopted one of the Street’s most hawkish forecasts, expecting the Fed to raise interest rates by a cumulative 75 basis points before the end of 2026.</p>
<div class="lb-trans"><p>本周早些时候，<strong>美国银行</strong> 采用了 华尔街最鹰派的预测之一，预计美联储将在 2026 年底之前累计加息 75 个基点。</p>
</div><p>“While others are projecting higher rates sooner than was the case a few months ago, I believe that Warsh will give the financial markets a master class in monetary policy,” Wood added.</p>
<div class="lb-trans"><p>“虽然其他人预测的加息时间比几个月前更早，但我相信 Warsh 将为金融市场提供货币政策的高水平课程，” Wood 补充道。</p>
</div><p>The June CPI data is due July 14, ahead of the Fed’s next policy meeting on July 28-29.</p>
<div class="lb-trans"><p>6 月的 CPI 数据将于 7 月 14 日公布，届时美联储将于 7 月 28-29 日召开下一次政策会议。</p>
</div><p><strong>Read Also:</strong>
<strong>Nasdaq Falls Over 100 Points Amid Decline In Chip Stocks: Investor Sentiment Declines, Greed Index Remains In ‘Fear’ Zone</strong></p>
<div class="lb-trans"><p><strong>另请阅读：</strong>
<strong>纳斯达克因芯片股下跌而下跌超过 100 点：投资者情绪下降，贪婪指数仍处于 ‘恐惧’ 区间</strong></p>
</div><p><strong><em>Disclaimer</em>:</strong> <em>This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<div class="lb-trans"><p><strong><em>免责声明</em>：</strong> <em>本内容部分由 AI 工具生成，并由 Benzinga 编辑审核和发布。</em></p>
</div><p><em>Photo: Rawpixel.com / Shutterstock.com</em></p>
<div class="lb-trans"><p><em>照片：Rawpixel.com / Shutterstock.com</em></p>
</div>

Kevin Warsh Will Not 'Stand In The Way' Of Growth, Says Cathie Wood: Ark CEO Says Inflation 'Could Break Down' In A Big Way

benzinga_article

美国银行

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BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

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BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

凯西·伍德表示，凯文·沃什不会 ‘阻碍’ 经济增长：方舟投资的首席执行官称通胀 ‘可能会大幅下降’