特朗普施压未果，美联储按兵不动！中方大手笔再抛82亿美债，释放强烈信号！

Group 1 - The Federal Reserve, under Powell's leadership, decided to maintain the federal funds rate at 4.25%-4.50%, reflecting the complex realities facing the U.S. economy [1][3] - Despite pressure from Trump for rate cuts to stimulate economic recovery, Powell remained steadfast, indicating significant economic uncertainties, particularly due to the delayed effects of tariffs imposed by the Trump administration [3][5] - The decision to keep rates unchanged is seen as a rational choice amidst rising fiscal pressures on the U.S. government, with high rates increasing debt servicing costs [5] Group 2 - China reduced its holdings of U.S. Treasury bonds by $8.2 billion, bringing its total to $757 billion, marking the second consecutive month of reduction, which reflects a strategic shift in response to escalating U.S.-China tensions [3][5] - This reduction in U.S. debt holdings is part of a broader trend where China has been decreasing its reliance on U.S. Treasuries since 2022, indicating a search for alternative investment opportunities to diversify risk [5][7] - The sell-off of U.S. bonds by China has contributed to market unease, with foreign demand for U.S. debt changing, raising concerns about potential depreciation of the dollar [7] Group 3 - The geopolitical tensions, including conflicts in the Middle East and rising oil prices, are exerting additional pressure on the Federal Reserve, complicating its policy decisions [7] - Analysts warn that if oil supply chains are severely disrupted, oil prices could exceed $100, posing new challenges for U.S. inflation [7] - Powell's challenge lies in balancing short-term market reactions while avoiding a repeat of the stagflation experienced in the 1970s [7]