The article argues that the Federal Reserve's recent rate hike decision, while justifiable on inflation grounds, highlights a critical lack of an underlying, transparent policy framework. The core problem is that the Fed's decisions appear discretionary, leading to market uncertainty because the committee's judgment, rather than clear data, dictates policy shifts. The author proposes that the Fed adopt a formal monetary policy rule—an algebraic formula linking the target rate to indicators like inflation and unemployment—to replace subjective guidance. Implementing such a rule would provide market predictability, enhance transparency, and shield the Fed from political attacks by making deviations from the standard easily quantifiable.
CNO: U.S. Naval Aviators Will No Longer Command Amphibious Warships
English Summary
The Chief of Naval Operations (CNO) has mandated that U.S. Naval Aviators will no longer command amphibious warships starting in Fiscal Year 2028. This strategic shift is driven by persistent issues with amphibious ship readiness and operational availability, requiring command expertise that aligns more closely with surface warfare specialization. By transferring command authority to Surface Warfare Officers, the Navy aims to leverage specialized knowledge in complex maintenance and amphibious operations, thereby improving command stability and overall platform readiness. This restructuring signals a broader effort to optimize command assignments by matching specific platform requirements with the most relevant professional expertise, while the service also reviews the deep draft requirement for carrier commanders.
中文摘要
海軍作戰部長（CNO）已下令，自2028財政年度起，美國海軍飛行員將不再擔任兩棲戰艦的指揮官。此一戰略轉變是基於兩棲戰艦持續存在的戰備狀態和作戰可用性問題，要求指揮專業知識更貼近水面作戰的專業領域。海軍計劃將指揮權轉移給水面作戰官，旨在利用他們在複雜維護和兩棲作戰方面的專業知識，從而提升指揮穩定性與整體平台戰備度。此項重組標誌著海軍正在努力優化指揮職位分配，透過將特定平台的需求與最相關的專業知識相匹配；同時，海軍也正在審查航空母艦指揮官的深吃水要求。
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