Core Points - The Federal Reserve announced a 25 basis point reduction in the federal funds rate target range to between 4.00% and 4.25%, marking the first rate cut of 2025 and following three cuts in 2024 [1] - The decision was influenced by indicators showing a slowdown in economic activity, job growth, and a rise in inflation [1] - Fed Chairman Jerome Powell emphasized the focus on the labor market and the challenges of balancing rising inflation with a weakening job market [1] Economic Forecasts - The median forecast for the U.S. real GDP growth rate for 2025 is 1.6% [2] - The median forecast for the unemployment rate is 4.5% [2] - The median forecast for the inflation rate is 3% [2] Market Reactions - Following the rate cut, U.S. stock markets closed mixed, the dollar index fell before rebounding, and gold prices experienced fluctuations [3] - Analysts predict a total of 75 basis points in rate cuts by the end of the year and an additional 125 basis points in 2026 [3] - Economic risks are highlighted, with concerns about the reliability of U.S. sovereign credit rather than private debt [3]
【环球财经】美联储年内首次降息 通胀就业难平衡
Xin Hua She·2025-09-18 05:16