美联储向全球宣布降息，特朗普顾问投了唯一反对票，降少了

Core Viewpoint - The Federal Reserve announced a 25 basis point interest rate cut, primarily due to the downward risks in the job market, despite President Trump's expectations for a larger cut [1][6][15]. Group 1: Federal Reserve's Decision - The Federal Reserve's decision to cut rates by 25 basis points reflects a response to weak employment data, independent of political pressures [3][15]. - The voting outcome of 11 to 1 indicates a strong consensus within the Federal Reserve, showcasing its resilience against political interference [17][20]. - The future policy path suggests a gradual approach to rate cuts, with an expected total reduction of 125 basis points by the end of 2027, countering Trump's demand for rapid and significant cuts [17][20]. Group 2: Political Context - Trump's influence over the Federal Reserve is questioned, as the decision-making remains anchored in economic data rather than political demands [7][9]. - The appointment of new board member Milan, who also serves as a White House economic advisor, highlights the intertwining of political and economic spheres, yet his support for a larger cut was not echoed by the majority [5][9]. - The political dynamics surrounding the rate cut reflect a broader struggle over the independence of the Federal Reserve and its critical role in maintaining the credibility of the U.S. dollar [20][21]. Group 3: Market Reactions - Following the rate cut announcement, U.S. stock markets showed mixed results, with the Dow Jones Industrial Average rising by 260.42 points (0.57%), while the S&P 500 and Nasdaq indices experienced slight declines [11]. - The dollar index initially fell by 0.4% but later recovered to show a 0.3% increase after Powell's press conference, indicating market sensitivity to the Fed's communications [11].