纽约，10月8日——圣路易斯联邦储备银行行长阿尔贝托·穆萨勒姆周四表示，美国央行将需要再次加息，以将通胀率拉回至2%的目标，尽管他没有透露政策制定者本月晚些时候会议上应采取的具体行动。
NEW YORK, Oct 8 - St. Louis Federal Reserve President Alberto Musalem said on Thursday the US central bank will need to hike interest rates again to bring inflation back to its 2% target, although he declined to say what policymakers should do at their meeting later this month.
穆萨勒姆在纽约彭博社举办的活动上说：“为了及时将通胀率拉回目标，需要进一步收紧货币政策。”
"To bring inflation back to target in a timely manner, more monetary policy firming will be required," Musalem said at an event held by Bloomberg in New York.
他说：“如果‘及时’大约是18个月，那么这意味着在接下来的六到九个月内，利率应在适当的时间段内进一步上调。”
"If a timely manner is something like 18 months, that kind of suggests that rates ought to be going up further in an appropriate period of time in the next six to nine months," he said.
穆萨勒姆今年不是联邦公开市场委员会（FOMC）投票成员，在被问及美联储是否应在10月27日至28日的会议上加息时，他回避了回答。
Musalem, who is not a voting member of the central bank's rate-setting Federal Open Market Committee this year, demurred when asked if the Fed should raise rates at the October 27-28 meeting.
他说：“我对每次会议都持非常开放的态度，我没有预先判断会议的结果，也没有预先决定我在会议上的立场，”并补充说，“通胀的总体方向要求我们考虑进一步的政策收紧。”交易员普遍预计，美联储将在十月的会议上将政策利率维持在3.75%至4.00%区间。美联储在9月15日至16日的会议上加息，旨在将高通胀水平拉回目标。
"I go into every meeting with a very open mind, and I haven't prejudged what the outcome of that meeting is going to be, or what I'm going to do at that meeting," Musalem said, adding that the general direction of "inflation requires us to be thinking of further policy firming here." Traders broadly expect the Fed will hold its policy rate in the 3.75%-4.00% range at the meeting in October. The Fed hiked rates at its September 15-16 meeting in an effort to bring high levels of inflation back to its target.
那次会议的政策制定者还预计今年年底前会再加一次息。此前，交易员一直押注十月会加息，直到纽约联储行长约翰·威廉姆斯上周表示，美联储在权衡新数据时并无紧迫性。美联储副主席菲利普·杰斐逊随后也表示，他认为没有迫切需要加息。目前预计美联储将在12月进行下一次加息。“不可持续的财政路径”。
Policymakers at that meeting also penciled in another rate hike by the end of this year. Traders had been putting strong odds on an October rate hike until New York Fed President John Williams said last week that there is no urgency to act while the Fed weighs incoming data. Fed Vice Chair Philip Jefferson followed up by saying he saw no imminent need to raise rates. The Fed is now expected to deliver its next rate hike in December. 'UNSUSTAINABLE FISCAL PATH'
穆萨勒姆在讲话中表示，在经济增长强劲、就业市场稳定的背景下，通货膨胀仍是经济面临的首要问题。他表示，美联储很可能能够在不抑制招聘的情况下降低通胀，而将通胀率重新降至2%的目标水平将具有广泛益处。
In his remarks, Musalem said inflation is the economy's primary problem amid strong growth and a stable job market. He said the Fed can likely lower inflation without denting hiring, and that getting inflation back to the 2% goal would be broadly helpful.
穆萨勒姆还指出，尽管债券收益率显著上升，但“金融环境仍然宽松，并支持经济增长”。他表示，收益率上升并不意味着投资者对美联储失去信心。相反，收益率的上升源于市场对以下预期的反应：在一个资本竞争激烈的强劲经济中，实际利率将会上升。他还表示，科技领域的强劲投资以及政府庞大的借贷需求，都有助于维持高收益率。
Musalem also noted that even with the notable rise in bond yields, "financial conditions remain accommodative and supportive of economic growth." He said the rise in yields does not signal investors are losing confidence in the Fed. Instead, yields are up on expectations that real rates will go up in a strong economy marked by a lot of competition for capital. Strong investment in the tech sector and large government borrowing needs are helping to keep yields up, he said.
“美国联邦政府在过去二十多年里一直走在不可持续的财政道路上，”穆萨勒姆说，并补充道，“存在这样的风险”，即政府大规模借贷可能会给经济带来问题。全文补充了更多细节。
"The US federal government has been on an unsustainable fiscal path now for the better part of two decades," Musalem said, adding that "the risk is there" that heavy levels of government borrowing could create problems for the economy.