Core Points - The Federal Reserve announced a 25 basis point cut in the federal funds rate, bringing it to a target range of 4.00% to 4.25%, marking the first rate cut of 2025 and following three cuts in 2024 [1] - The decision was influenced by slowing economic activity, job growth, and rising inflation, with the Fed indicating a careful assessment of future data and economic risks [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 - The median forecast for the U.S. real GDP growth rate for 2025 is 1.6%, with an unemployment rate forecast of 4.5% and an inflation rate forecast 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 predict a total rate cut of 75 basis points by the end of the year and an additional 125 basis points in the following year [3] - Economic concerns were raised regarding the potential trust crisis in U.S. government credit, rather than private debt, as a result of the rate cut [3]
综述｜美联储年内首次降息 通胀就业难平衡
Xin Hua She·2025-09-18 05:04