美联储将减少议息投票次数，借贷成本调整节奏或受影响
Fed will vote on rates less often. What that could mean for borrowers
Federal Reserve Chairman Kevin Warsh announced that the number of interest rate votes will be reduced in the next two years. There will be no vote or post-statement at one of the eight meetings next year. The number of "strategy" meetings will be increased to two the following year, leaving only six opportunities to adjust interest rates. On October 28, the Federal Reserve maintained its benchmark interest rate at a range of 3.75% to 4%, and inflation remained above the 2% target. Many experts believe that fewer meetings may make consumers wait longer for borrowing costs such as credit cards, mortgages and car loans, and the market will also have less understanding of the Fed's future policy signals.
The Fed's reduction in the number of votes on interest rates essentially compresses the window for policy adjustments, and the pace of reaction of borrowing costs to economic data may be lengthened. For traders, what is more worthy of attention are the changes in pricing efficiency brought about by the decrease in policy signal density - in an environment with sparser information, the weight of the market's interpretation of each meeting and statement will increase, and the sources of short-term fluctuations in gold and foreign exchange will be more concentrated in a few nodes. Inflation is still above the target and the opportunities for adjustment are reduced, which means that the uncertainty of the policy path is structurally elevated.
从美联储减少议息投票次数切入，梳理其对信用卡、房贷和车贷等借贷成本传导节奏的影响。
来源：CNBC Top News · cnbc.com