特朗普被法院判输了！美联储褐皮书出炉，降息稳了？

Group 1 - The Boston federal judge ruled that the Trump administration's freezing of over $2 billion in federal funding to Harvard University was illegal and cannot be repeated in the future [2][3] - The Trump administration had previously imposed multiple demands on Harvard, including curbing alleged anti-Semitism and terminating diversity-related programs, which led to escalating tensions between the government and the university [3] - The White House spokesperson stated that Harvard failed to protect students from harassment and allowed discrimination to persist, asserting that the university does not have a constitutional right to taxpayer funding [3] Group 2 - Recently, a U.S. appellate court ruled that most of the global tariff policies implemented by the Trump administration were illegal, indicating a significant blow to Trump's aggressive trade policies [4] - The appellate court allowed the tariffs to remain in effect until October 14, giving the government time to appeal to the Supreme Court, while noting that this ruling does not affect tariffs imposed under other regulations [4] - Experts suggest that the composition of the Supreme Court, with several justices appointed by Trump, may favor the maintenance of his tariff policies from a national security perspective [4] Group 3 - The Federal Reserve's latest Beige Book report indicated that businesses are reluctant to hire due to weak sales and uncertainties related to U.S. trade tensions, although tariffs have only moderately exacerbated inflation [5][6] - The JOLTS report showed a decrease of 176,000 job openings, bringing the total to 7.181 million, highlighting concerns about the labor market [6] - Some Federal Reserve officials believe that the deterioration of the labor market poses a greater economic risk, suggesting that the Fed should act preemptively to prevent rapid declines in employment [6][7]