<p><strong>ARK Invest</strong> 首席執行官 <strong>Cathie Wood</strong> 週三表示，儘管美國經濟正在復甦，但通脹在未來幾年可能會降至 0% 到 1% 之間，並表示她預計美聯儲主席 <strong>Kevin Warsh</strong> 會在價格壓力緩解時避免收緊政策。</p>
<p>在亞洲和歐洲進行路演後，Wood 在一系列 X 上的帖子中表示，儘管她認為通脹可能會因生產力上升和單位勞動成本下降而 “顯著下降”，但投資者仍然對通脹感到擔憂。</p>
<h2>Wood 指出生產力和勞動成本</h2>
<p>Wood 表示，美國第一季度的生產力同比增長約 3%，而每小時薪酬增長 3.5%，根據單位勞動成本計算，潛在通脹為 0.5%。</p>
<p>她補充説，生產力在 1980 年代和 1990 年代對抑制通脹發揮了關鍵作用，仍然繼續作為一種去通脹的力量。</p>
<blockquote>
<p>在亞洲和歐洲的路演中，我被投資者對通脹的擔憂所震撼。當我建議通脹可能會顯著下降時，他們感到驚訝，這不僅僅是因為油價。根據單位勞動成本，通脹已經降至 0.5% 的同比水平。</p>
<p>— Cathie Wood (@CathieDWood) 2026 年 6 月 24 日</p>
</blockquote>
<p>在 5 月，美國 消費者價格 同比上漲 4.2%，高於 4 月的 3.8%，是自 2023 年 4 月以來的最高水平。</p>
<p><strong>另請閲讀：</strong>
<strong>伊麗莎白·沃倫表示特朗普在通脹超過工資增長時變得富有 14 億美元：‘這告訴你特朗普為誰而戰’</strong></p>
<h2>Truflation 和 Warsh 支持温和的通脹觀點</h2>
<p>Wood 補充説，實時通脹追蹤器 Truflation 的同比已從 2022 年的 11% 降至 1.8%，而其核心指標目前為 1.4%。</p>
<p>Wood 表示，她相信 Warsh 理解生產力的去通脹影響以及 “政府測量的通脹率中的缺陷”，並補充説，如果通脹下降，他不會阻礙經濟增長。</p>
<p>“美聯儲正在從抑制增長轉向鼓勵增長，” Wood 補充道。</p>
<p>在擔任美聯儲主席的首次會議上，Warsh 維持利率不變，拒絕參與 美聯儲的 “點陣圖”，並表示中央銀行將採取更少的溝通方式來進行貨幣政策。</p>
<blockquote>
<p>總結一下，如果美國經濟繼續加速增長——甚至繁榮——而通脹在未來幾年降至 0-1% 或更低，正如我們認為的那樣，Kevin Warsh 的美聯儲將不會阻礙這一進程。美聯儲正在從抑制增長轉向鼓勵增長。</p>
<p>— Cathie Wood (@CathieDWood) 2026 年 6 月 24 日</p>
</blockquote>
<h2><strong>Wood 的展望與華爾街的鷹派美聯儲預期形成對比</strong></h2>
<p>Wood 的展望與華爾街的預測形成對比，後者預計由於通脹仍高於美聯儲的 2% 目標，將提高利率。</p>
<p>本週早些時候，<strong>美國銀行</strong> 採用了 華爾街最鷹派的預測之一，預計美聯儲將在 2026 年底之前累計加息 75 個基點。</p>
<p>“雖然其他人預測的加息時間比幾個月前更早，但我相信 Warsh 將為金融市場提供貨幣政策的高水平課程，” Wood 補充道。</p>
<p>6 月的 CPI 數據將於 7 月 14 日公佈，屆時美聯儲將於 7 月 28-29 日召開下一次政策會議。</p>
<p><strong>另請閲讀：</strong>
<strong>納斯達克因芯片股下跌而下跌超過 100 點：投資者情緒下降，貪婪指數仍處於 ‘恐懼’ 區間</strong></p>
<p><strong><em>免責聲明</em>：</strong> <em>本內容部分由 AI 工具生成，並由 Benzinga 編輯審核和發佈。</em></p>
<p><em>照片：Rawpixel.com / Shutterstock.com</em></p>

<p>ARK Invest 首席執行官 Cathie Wood 預測，由於生產力提高和勞動力成本下降，美國通脹可能降至 0%-1%。她預計美聯儲主席 Kevin Warsh 如果價格壓力減輕，將避免收緊政策，並表示美聯儲將從抑制增長轉向鼓勵增長。這一觀點與華爾街預期的更高利率形成對比</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> 首席執行官 <strong>Cathie Wood</strong> 週三表示，儘管美國經濟正在復甦，但通脹在未來幾年可能會降至 0% 到 1% 之間，並表示她預計美聯儲主席 <strong>Kevin Warsh</strong> 會在價格壓力緩解時避免收緊政策。</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>在亞洲和歐洲進行路演後，Wood 在一系列 X 上的帖子中表示，儘管她認為通脹可能會因生產力上升和單位勞動成本下降而 “顯著下降”，但投資者仍然對通脹感到擔憂。</p>
</div><h2>Wood Points To Productivity, Labor Costs</h2>
<div class="lb-trans"><h2>Wood 指出生產力和勞動成本</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，美國第一季度的生產力同比增長約 3%，而每小時薪酬增長 3.5%，根據單位勞動成本計算，潛在通脹為 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>她補充説，生產力在 1980 年代和 1990 年代對抑制通脹發揮了關鍵作用，仍然繼續作為一種去通脹的力量。</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>在亞洲和歐洲的路演中，我被投資者對通脹的擔憂所震撼。當我建議通脹可能會顯著下降時，他們感到驚訝，這不僅僅是因為油價。根據單位勞動成本，通脹已經降至 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，美國 消費者價格 同比上漲 4.2%，高於 4 月的 3.8%，是自 2023 年 4 月以來的最高水平。</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>另請閲讀：</strong>
<strong>伊麗莎白·沃倫表示特朗普在通脹超過工資增長時變得富有 14 億美元：‘這告訴你特朗普為誰而戰’</strong></p>
</div><h2>Truflation, Warsh Support Softer Inflation View</h2>
<div class="lb-trans"><h2>Truflation 和 Warsh 支持温和的通脹觀點</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 補充説，實時通脹追蹤器 Truflation 的同比已從 2022 年的 11% 降至 1.8%，而其核心指標目前為 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 理解生產力的去通脹影響以及 “政府測量的通脹率中的缺陷”，並補充説，如果通脹下降，他不會阻礙經濟增長。</p>
</div><p>“The Fed is shifting from fighting growth to encouraging it,” Wood added.</p>
<div class="lb-trans"><p>“美聯儲正在從抑制增長轉向鼓勵增長，” Wood 補充道。</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>在擔任美聯儲主席的首次會議上，Warsh 維持利率不變，拒絕參與 美聯儲的 “點陣圖”，並表示中央銀行將採取更少的溝通方式來進行貨幣政策。</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>總結一下，如果美國經濟繼續加速增長——甚至繁榮——而通脹在未來幾年降至 0-1% 或更低，正如我們認為的那樣，Kevin Warsh 的美聯儲將不會阻礙這一進程。美聯儲正在從抑制增長轉向鼓勵增長。</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 的展望與華爾街的鷹派美聯儲預期形成對比</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 的展望與華爾街的預測形成對比，後者預計由於通脹仍高於美聯儲的 2% 目標，將提高利率。</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>本週早些時候，<strong>美國銀行</strong> 採用了 華爾街最鷹派的預測之一，預計美聯儲將在 2026 年底之前累計加息 75 個基點。</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>“雖然其他人預測的加息時間比幾個月前更早，但我相信 Warsh 將為金融市場提供貨幣政策的高水平課程，” Wood 補充道。</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 數據將於 7 月 14 日公佈，屆時美聯儲將於 7 月 28-29 日召開下一次政策會議。</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>另請閲讀：</strong>
<strong>納斯達克因芯片股下跌而下跌超過 100 點：投資者情緒下降，貪婪指數仍處於 ‘恐懼’ 區間</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>免責聲明</em>：</strong> <em>本內容部分由 AI 工具生成，並由 Benzinga 編輯審核和發佈。</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

美國銀行

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

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

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

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

Bank of America Corp

凱西·伍德表示，凱文·沃什不會 ‘阻礙’ 經濟增長：方舟投資的首席執行官稱通脹 ‘可能會大幅下降’