美联储决议全文：按兵不动 两理事主张立即降息

Core Viewpoint - The Federal Reserve decided to maintain the federal funds rate target range at 4.25%-4.5% for the fifth consecutive meeting, citing slightly elevated inflation and a robust job market, while noting a slowdown in economic growth during the first half of the year [1][2]. Group 1 - The Federal Reserve's decision reflects a shift in language regarding economic activity, changing from "continuing to expand at a steady pace" to "showing signs of slowing" [1]. - The committee aims to achieve maximum employment and a long-term inflation rate of 2%, while acknowledging high uncertainty in the current economic outlook [2]. - The committee will continue to reduce its holdings of Treasury securities, agency debt, and agency mortgage-backed securities [2]. Group 2 - Support for the monetary policy decision came from several key figures, including Jerome Powell, John Williams, and others, while dissenting opinions were expressed by Michelle Bowman and Christopher Waller, who favored a 25 basis point rate cut [3].