Core Points - The U.S. economy is facing "dual risks" of rising inflation and declining employment, with significant changes in trade, immigration, fiscal, and regulatory policies yet to be observed [1] - Short-term inflation risks are on the rise while employment risks are declining, creating a challenging situation [1] - The Federal Reserve's recent interest rate cut of 25 basis points reflects increased employment risks, but inflation trends remain highly uncertain [1][2] Economic Indicators - Consumer and business confidence indicators saw a significant drop in the spring but have since recovered, although they remain below early-year levels [1] - Labor supply and demand have noticeably slowed, increasing the risk of employment decline [1] Federal Reserve Actions - The Federal Reserve lowered the federal funds rate target range by 25 basis points to between 4.00% and 4.25%, marking the first rate cut of 2025 [2] - This decision follows three rate cuts in 2024, with one dissenting vote advocating for a larger cut of 50 basis points [2]
美联储主席：美国经济面临通胀上升与就业下行“双向风险”
Sou Hu Cai Jing·2025-09-24 04:37