<p>凱文·沃什（Kevin Warsh）定於週二就他被提名為美聯儲主席一職進行作證，參議員們可能會就他對美聯儲 2% 通脹目標的看法進行質詢，因為自疫情以來，美國經濟面臨持續的價格壓力。</p>
<p>現年 56 歲的沃什曾於 2006 年至 2011 年擔任美聯儲理事，他將在參議院銀行委員會作證，參議員們正在考慮他接替現任美聯儲主席傑羅姆·鮑威爾（Jerome Powell）的提名，鮑威爾的任期將於 5 月到期。</p>
<p>沃什在其開場聲明的書面稿中概述了他對美聯儲雙重使命中價格穩定部分的看法，FOX Business 在他作證前提前查看了該聲明。</p>
<p>在他的準備發言中，沃什表示支持美聯儲促進價格穩定和充分就業的雙重使命，儘管他沒有具體討論美聯儲長期保持 2% 通脹目標的政策。</p>
<p><strong>沃什證詞中暗示與美聯儲現狀的分歧的一句話</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/931/523/kevin-warsh-hoover-institution-fox-news-004.jpg/query-dGw9MSZ2ZT0x?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/931/523/kevin-warsh-hoover-institution-fox-news-004.jpg/query-dGw9MSZ2ZT0x"/></p>
<p>前美聯儲理事凱文·沃什是接替鮑威爾擔任美聯儲主席的提名人選。（DMV Productions）</p>
<p>沃什寫道：“首先，國會賦予美聯儲確保價格穩定的使命，沒有藉口或含糊，爭論或痛苦。通脹是一個選擇，美聯儲必須對此負責。”</p>
<p>他説：“低通脹是美聯儲的護身符，是其抵禦攻擊的關鍵保護。”</p>
<p>沃什寫道：“因此，當通脹飆升時——正如近年來所發生的那樣——我們的公民受到嚴重傷害，尤其是那些最不富裕的人。他們失去了購買力，生活水平下降。他們可能還會對我們的經濟治理體系失去信心，懷疑貨幣政策獨立性是否如宣傳的那樣。”</p>
<p><strong>特朗普提名的美聯儲人選披露 1.31 億美元財富，提名面臨阻力</strong></p>
<p><img src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/01/931/523/kevin-warsh-01.jpg/query-dGw9MSZ2ZT0x?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/01/931/523/kevin-warsh-01.jpg/query-dGw9MSZ2ZT0x"/></p>
<p>沃什強調了價格穩定的重要性，並對過於依賴 2% 通脹目標持懷疑態度，認為這存在測量誤差和政策失誤的風險。（Tierney L. Cross/Bloomberg via Getty Images）</p>
<p>沃什在 2023 年英國上議院經濟事務委員會的聽證會上討論了他對貨幣政策目標的看法，並表示他認為價格穩定是一個迫切任務，但對精確測量通脹的能力持懷疑態度，因此他更傾向於基於區間的通脹目標。</p>
<p>他解釋道：“價格穩定是北極星。沒有穩定的價格，幾乎不可能實現充分就業。也幾乎不可能讓經濟以其全部潛力增長。當價格波動時……家庭和企業很難做出他們可能希望做出的明智決策。”</p>
<p>沃什表示：“坦率地説，我們無法區分美國或英國的通脹率是 1.7%、2.0% 還是 2.3%，因為我們並沒有那麼精確地測量它。經濟學不是物理學——至少目前還不是。”</p>
<p><strong>美聯儲官員表示，隨着油價和通脹保持高位，加息可能性增加</strong></p>
<p>沃什表示，他傾向於 “更喜歡區間而不是點估計，部分原因是測量誤差，部分原因是我認為廣泛的價格穩定永遠不會那麼精確。”</p>
<p>他補充説，通常情況下，他認為如此精確地看待通脹 “導致許多中央銀行在幾年前過度刺激經濟”，並導致做出促使通脹遠高於目標的決策。</p>
<p>沃什表示：“我總體上支持區間。價格穩定在數字定義上會隨着時間而變化。全球經濟的結構正在發生變化，甚至在我們説話的時候。我認為在某種永久基礎上達成 2.0% 的共識是有問題的。”</p>
<p>美國的通脹在 2022 年 6 月達到 9.1% 的峯值，目前約為 3%，在過去一年中由於關税和伊朗戰爭引發的能源衝擊而上升。</p>
<p><strong>點擊這裏獲取 FOX 商業新聞的移動版</strong></p>
<p>美聯儲首選的通脹指標——個人消費支出（PCE）指數在 2 月份的年率為 2.8%。3 月份的數據將在下週末公佈。</p>
<p>另一個流行的通脹指標——消費者價格指數（CPI）顯示，3 月份的通脹率在 2 月份為 2.4% 的基礎上躍升至 3.3%，這與戰爭對能源市場的影響有關。</p>

納斯達克 100 指數 ETF - Invesco

ZIVB

QQWZ

納指 100 ETF - Invesco

博時標普500ETF

金融業 ETF - SPDR

2631

納斯達克綜合指數 ETF - Fidelity

<p>凱文·沃什（Kevin Warsh），美聯儲主席提名人，將就他對美聯儲 2% 通脹目標的看法進行證詞，背景是持續的價格壓力。沃什支持美聯儲的雙重任務，即價格穩定和充分就業，但對嚴格的 2% 目標持懷疑態度，原因是測量誤差。他強調價格穩定對經濟增長的重要性，並建議採用基於區間的通脹目標。沃什的提名正值通脹問題依然嚴峻，目前通脹率約為 3%，而 2022 年 6 月曾達到 9.1% 的峯值</p>

<p>Kevin Warsh is set to testify on Tuesday about his nomination to be chairman of the Federal Reserve, with senators likely to press him on his views of the Fed's 2% inflation target given the persistent price pressures affecting the U.S. economy since the pandemic.</p>
<div class="lb-trans"><p>凱文·沃什（Kevin Warsh）定於週二就他被提名為美聯儲主席一職進行作證，參議員們可能會就他對美聯儲 2% 通脹目標的看法進行質詢，因為自疫情以來，美國經濟面臨持續的價格壓力。</p>
</div><p>The 56-year-old Warsh, who served as a Fed governor from 2006 to 2011, will testify before the Senate Banking Committee as senators weigh his nomination to succeed current Fed Chair Jerome Powell, whose term leading the central bank is due to expire in May.</p>
<div class="lb-trans"><p>現年 56 歲的沃什曾於 2006 年至 2011 年擔任美聯儲理事，他將在參議院銀行委員會作證，參議員們正在考慮他接替現任美聯儲主席傑羅姆·鮑威爾（Jerome Powell）的提名，鮑威爾的任期將於 5 月到期。</p>
</div><p>Warsh offered an overview of how he views the price stability component of the Fed's dual mandate in a written copy of his opening statement, which FOX Business viewed in advance of his testimony.</p>
<div class="lb-trans"><p>沃什在其開場聲明的書面稿中概述了他對美聯儲雙重使命中價格穩定部分的看法，FOX Business 在他作證前提前查看了該聲明。</p>
</div><p>In his prepared remarks, Warsh says that he supports the Federal Reserve's dual mandate of promoting price stability as well as full employment, though he didn't specifically discuss the Fed's policy target of keeping inflation at 2% over the long-run.</p>
<div class="lb-trans"><p>在他的準備發言中，沃什表示支持美聯儲促進價格穩定和充分就業的雙重使命，儘管他沒有具體討論美聯儲長期保持 2% 通脹目標的政策。</p>
</div><p><strong>THE ONE LINE IN WARSH'S TESTIMONY SIGNALING A BREAK FROM THE FED'S STATUS QUO</strong></p>
<div class="lb-trans"><p><strong>沃什證詞中暗示與美聯儲現狀的分歧的一句話</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/931/523/kevin-warsh-hoover-institution-fox-news-004.jpg/query-dGw9MSZ2ZT0x" alt="" original-src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/04/931/523/kevin-warsh-hoover-institution-fox-news-004.jpg?ve=1&amp;tl=1"/></p>
<p>Former Fed Governor Kevin Warsh is the nominee to succeed Powel as Fed chair. (DMV Productions)</p>
<div class="lb-trans"><p>前美聯儲理事凱文·沃什是接替鮑威爾擔任美聯儲主席的提名人選。（DMV Productions）</p>
</div><p>&#34;First, Congress tasked the Fed with the mission to ensure price stability, without excuse or equivocation, argument or anguish. Inflation is a choice, and the Fed must take responsibility for it,&#34; Warsh wrote.</p>
<div class="lb-trans"><p>沃什寫道：“首先，國會賦予美聯儲確保價格穩定的使命，沒有藉口或含糊，爭論或痛苦。通脹是一個選擇，美聯儲必須對此負責。”</p>
</div><p>&#34;Low inflation is the Fed's plot armor, its vital protection against slings and arrows,&#34; he said.</p>
<div class="lb-trans"><p>他説：“低通脹是美聯儲的護身符，是其抵禦攻擊的關鍵保護。”</p>
</div><p>&#34;So, when inflation surges – as it has done in recent years – grievous harm is done to our citizens, especially to the least well-off. They lose purchasing power. Their standard of living falls. They may also lose faith in our system of economic governance, raising doubts whether monetary policy independence is all it's cracked up to be,&#34; Warsh wrote.</p>
<div class="lb-trans"><p>沃什寫道：“因此，當通脹飆升時——正如近年來所發生的那樣——我們的公民受到嚴重傷害，尤其是那些最不富裕的人。他們失去了購買力，生活水平下降。他們可能還會對我們的經濟治理體系失去信心，懷疑貨幣政策獨立性是否如宣傳的那樣。”</p>
</div><p><strong>TRUMP'S FED PICK DISCLOSES $131M FORTUNE AS NOMINATION FACES HEADWINDS</strong></p>
<div class="lb-trans"><p><strong>特朗普提名的美聯儲人選披露 1.31 億美元財富，提名面臨阻力</strong></p>
</div><p><img src="https://imageproxy.pbkrs.com/https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/01/931/523/kevin-warsh-01.jpg/query-dGw9MSZ2ZT0x" alt="" original-src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2026/01/931/523/kevin-warsh-01.jpg?ve=1&amp;tl=1"/></p>
<p>Warsh has emphasized the importance of price stability and is skeptical of relying too heavily on a 2% inflation target due to the risk of measurement errors and policy mistakes. (Tierney L. Cross/Bloomberg via Getty Images)</p>
<div class="lb-trans"><p>沃什強調了價格穩定的重要性，並對過於依賴 2% 通脹目標持懷疑態度，認為這存在測量誤差和政策失誤的風險。（Tierney L. Cross/Bloomberg via Getty Images）</p>
</div><p>Warsh discussed his view of monetary policy goals in a 2023 hearing before the British House of Lords' Economic Affairs Committee and said that he views price stability as an imperative, but is skeptical of the ability to measure inflation precisely, and so he prefers a range-based inflation target.</p>
<div class="lb-trans"><p>沃什在 2023 年英國上議院經濟事務委員會的聽證會上討論了他對貨幣政策目標的看法，並表示他認為價格穩定是一個迫切任務，但對精確測量通脹的能力持懷疑態度，因此他更傾向於基於區間的通脹目標。</p>
</div><p>&#34;Price stability is the North Star. Without stable prices, it is almost impossible to have full employment. It is also almost impossible to have economies that are growing at their full potential. When prices are volatile… it is difficult for households and businesses to make the prudent decisions that they might like,&#34; he explained.</p>
<div class="lb-trans"><p>他解釋道：“價格穩定是北極星。沒有穩定的價格，幾乎不可能實現充分就業。也幾乎不可能讓經濟以其全部潛力增長。當價格波動時……家庭和企業很難做出他們可能希望做出的明智決策。”</p>
</div><p>&#34;Frankly, we would not know the difference whether inflation was running at 1.7%, 2.0% or 2.3% in the United States or in the United Kingdom because we do not measure it that precisely,&#34; Warsh said. &#34;Economics is not physics – at least not yet.&#34;</p>
<div class="lb-trans"><p>沃什表示：“坦率地説，我們無法區分美國或英國的通脹率是 1.7%、2.0% 還是 2.3%，因為我們並沒有那麼精確地測量它。經濟學不是物理學——至少目前還不是。”</p>
</div><p><strong>FED OFFICIAL SAYS INTEREST RATE HIKE POSSIBLE AS GAS PRICES, INFLATION REMAIN ELEVATED</strong></p>
<div class="lb-trans"><p><strong>美聯儲官員表示，隨着油價和通脹保持高位，加息可能性增加</strong></p>
</div><p>Warsh said that he tends to &#34;prefer ranges versus point estimates, in part because of measurement error and in part because I think broad price stability can never be that precise.&#34;</p>
<div class="lb-trans"><p>沃什表示，他傾向於 “更喜歡區間而不是點估計，部分原因是測量誤差，部分原因是我認為廣泛的價格穩定永遠不會那麼精確。”</p>
</div><p>He added that, in general, he thinks viewing inflation that precisely &#34;led many of the central banks to overly stimulate economies a few years ago,&#34; and led to decisions that contributed to inflation running well above target.</p>
<div class="lb-trans"><p>他補充説，通常情況下，他認為如此精確地看待通脹 “導致許多中央銀行在幾年前過度刺激經濟”，並導致做出促使通脹遠高於目標的決策。</p>
</div><p>&#34;I broadly favor ranges. Price stability, in the numerical definition, will change in the times. The structures in the global economy are changing even as we speak. It strikes me that agreeing on some permanent basis to 2.0% is asking for trouble,&#34; Warsh said.</p>
<div class="lb-trans"><p>沃什表示：“我總體上支持區間。價格穩定在數字定義上會隨着時間而變化。全球經濟的結構正在發生變化，甚至在我們説話的時候。我認為在某種永久基礎上達成 2.0% 的共識是有問題的。”</p>
</div><p>Inflation peaked in the U.S. at 9.1% in June 2022 and is currently around 3%, having risen over the last year due to tariffs and the recent impact of the recent energy shock caused by the Iran war.</p>
<div class="lb-trans"><p>美國的通脹在 2022 年 6 月達到 9.1% 的峯值，目前約為 3%，在過去一年中由於關税和伊朗戰爭引發的能源衝擊而上升。</p>
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<div class="lb-trans"><p><strong>點擊這裏獲取 FOX 商業新聞的移動版</strong></p>
</div><p>The Fed's preferred inflation gauge, the personal consumption expenditures (PCE) index, was 2.8% in February on an annual basis. Data from March is due at the end of next week.</p>
<div class="lb-trans"><p>美聯儲首選的通脹指標——個人消費支出（PCE）指數在 2 月份的年率為 2.8%。3 月份的數據將在下週末公佈。</p>
</div><p>Another popular inflation gauge, the consumer price index (CPI), showed inflation jumped to 3.3% in March after a 2.4% reading in February due to the impact of the war on energy markets.</p>
<div class="lb-trans"><p>另一個流行的通脹指標——消費者價格指數（CPI）顯示，3 月份的通脹率在 2 月份為 2.4% 的基礎上躍升至 3.3%，這與戰爭對能源市場的影響有關。</p>
</div>

Where Fed chair nominee Kevin Warsh stands on inflation targets

- Kevin Warsh 將於週二就其美聯儲主席提名作證，討論通脹目標問題。  
- Warsh 強調價格穩定的重要性，並對 2% 通脹目標持懷疑態度。  
- 美國通脹在 2022 年達到 9.1%，現約 3%，受多種因素影響。

美聯儲主席提名人凱文·沃什對通脹目標的看法