Core Points - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 4.00% to 4.25%, marking its first rate cut of 2025 and following three cuts in 2024 [1] - The decision comes amid signs of slowing economic activity, job growth, and rising inflation, indicating a challenging balance between inflation and employment [1] - Fed Chairman Jerome Powell emphasized the focus on the labor market, stating that lowering rates could assist those struggling to find jobs [1] Economic Forecasts - Federal Reserve officials predict a median real GDP growth rate of 1.6% for 2025, an unemployment rate of 4.5%, and an inflation rate of 3% [2] Market Reactions - Following the rate cut, U.S. stock markets showed mixed results, the dollar index fell before rebounding, and gold prices experienced fluctuations [3] - Analysts expect the Fed to cut rates by a total of 75 basis points by the end of the year and an additional 125 basis points next year [3] - Economic risks are highlighted, with concerns about the U.S. government's credit reliability rather than private debt being the primary issue [3]
综述｜美联储年内首次降息 通胀就业难平衡
Sou Hu Cai Jing·2025-09-18 02:39