Core Points - The Federal Reserve announced a 25 basis point interest rate cut, marking its first reduction of the year, amidst concerns over slowing job growth and persistent inflation [1][3][4] - The decision to lower rates is seen as a response to multiple economic uncertainties, including the impact of tariffs on prices [3][4] - Observers note that while the rate cut aligns with expectations, it may not alleviate the dissatisfaction expressed by the Trump administration towards the Fed [3][6] Economic Indicators - The U.S. job market is showing signs of weakness, with non-farm payrolls increasing by only 22,000 in August, significantly below market expectations [4] - The inflation rate remains above the Fed's long-term target of 2%, with the Consumer Price Index (CPI) rising by 2.9% year-on-year in August, the largest increase since January [4] - The Fed's median forecast for U.S. GDP growth in 2025 is 1.6%, with an unemployment rate of 4.5% and an inflation rate of 3% [5] Future Projections - The Fed's dot plot indicates a median forecast of a total of 50 basis points in rate cuts over the remaining two policy meetings of the year, with only one anticipated cut in 2026 [3][7] - The probability of another 25 basis point cut in the October meeting has risen to 87.7%, up from 74.3% the previous day [7] - Analysts suggest that while rate cuts may stimulate demand, ongoing issues such as tariffs and immigration policies could continue to negatively impact consumer and business confidence [7]
降息25个基点 特朗普满意吗？
Sou Hu Cai Jing·2025-09-18 17:51