Group 1 - The Federal Reserve announced on July 30 that it will maintain the federal funds rate target range at 4.25% to 4.5%, marking the fifth consecutive time this year it has opted to hold steady [1][3] - Compared to the optimistic assessment in June regarding "sustained economic expansion," the Fed's recent statement reflects a more cautious tone, indicating that uncertainty remains high [3] - The Fed noted that net export fluctuations continue to impact data, and recent indicators suggest a slowdown in U.S. economic activity during the first half of the year, while the unemployment rate remains low and inflation is still slightly above target [3] Group 2 - Market expectations had pointed to a potential rate cut in September, contingent on data performance, but Fed Chair Powell stated that no decision has been made regarding a rate cut [4] - Notably, two members of the Federal Reserve Board voted against the decision, marking the first occurrence of multiple dissenting votes since 1993 [5][6] - Powell emphasized that many uncertainties remain, and an early rate cut could fail to fully address inflation issues, with the majority of committee members believing current inflation levels are slightly above target [6] Group 3 - Following the Fed's decision to keep rates unchanged, the stock market reacted with the Dow Jones Industrial Average falling by 171.71 points to 44,461.28, a decline of 0.38%, while the Nasdaq Composite rose by 31.38 points to 21,129.67, an increase of 0.15% [8][9] - The gold market saw a significant drop, with COMEX gold futures falling by 1.72% to $3,266.90 per ounce, influenced by the Fed's rate decision and Powell's comments [8][9] - In the commodities market, WTI September crude oil futures closed at $70.00 per barrel, while Brent September crude oil futures settled at $73.24 per barrel [10]
美联储继续“按兵不动”，但态度出现变化
Sou Hu Cai Jing·2025-07-31 06:32