美联储降息，影响几何？“点阵图”预计年内或再降息两次

Group 1 - The Federal Reserve lowered the federal funds rate by 25 basis points, marking its first rate cut since December 2024, with a target range now set at 4%-4.25% [2][4] - The decision was made with 11 votes in favor and 1 against, highlighting a division among Fed officials regarding future rate cuts [2][4] - The Fed acknowledged rising risks to employment despite persistent inflation, indicating a shift in focus towards job preservation [2][4] Group 2 - The Fed's internal division is evident, with 10 officials predicting two or more rate cuts this year, while 9 believe there will be one or fewer [4] - Economic uncertainties, including labor supply changes and government policy unpredictability, complicate the Fed's decision-making process [4][5] - The potential for a global wave of rate cuts is anticipated following the Fed's decision, with other central banks likely to follow suit [5][6] Group 3 - Analysts suggest that the Fed's rate cut may provide some support for U.S. economic growth, but overall growth is expected to remain under pressure due to various factors [6] - The rate cut opens up greater room for monetary policy adjustments in China, potentially leading to further easing measures [6] - The attractiveness of RMB assets is expected to increase, potentially drawing more international capital back to China [6]