美联储鹰派降息25基点引发市场巨震，“卖事实”应验

Group 1 - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 4.00% to 4.25%, marking the first rate cut of 2025 and the fourth consecutive cut since 2024 [1] - Fed Chairman Jerome Powell emphasized that this rate cut does not signal the beginning of a long-term easing cycle, dampening market bullish sentiment [1][2] - The decision was characterized as a "risk management" cut, aimed at preemptively addressing potential economic slowdowns, which disappointed some traders [2] Group 2 - Following the Fed's announcement, U.S. stock indices experienced volatility, with the Dow Jones rising by 0.57% to 46,018.32 points, while the Nasdaq fell by 0.33% to 22,261.33 points [3] - The dollar index initially dropped by 0.4% after the rate cut but later recovered to increase by 0.3% following Powell's press conference [3] - There is significant internal disagreement within the Fed regarding the need for further rate cuts this year, with varying opinions on whether to raise rates or cut them again [3][4] Group 3 - The Fed's projections for 2026 indicate a more hawkish stance, with officials expecting only one additional rate cut next year, which is less than the market's expectation of two to three cuts [4] - The dot plot from the Fed shows considerable divergence in views among officials regarding the future path of U.S. economic and monetary policy [4]