凌晨突发！美联储，降息大消息！

Core Points - Federal Reserve Chairman Jerome Powell indicated that the Fed may halt the reduction of its balance sheet in the coming months, supporting investor expectations for another rate cut this month [1][3] - Powell emphasized that the labor market outlook is deteriorating, with increasing signs of weakness [1][3] - The Fed lowered interest rates by 25 basis points last month, marking the first cut of 2025, described by Powell as a "risk management" move to support the weakening labor market [1][3] Economic Outlook - Powell stated that there has been little change in inflation and employment prospects since the last meeting in September [1][3] - He noted that existing evidence shows layoffs and hiring remain low, and perceptions of job opportunities are declining [3] - The lack of official economic statistics due to the government shutdown may lead to challenges in data monitoring [3] Market Reactions - Powell's remarks reinforced market expectations for a rate cut at the upcoming meeting [3][5] - JPMorgan's Michael Feroli stated that Powell's comments strongly confirmed market bets on a rate cut [3] - The Dow Jones Industrial Average rebounded, erasing a decline of about 600 points following Powell's speech [5] Future Policy Meetings - The next Federal Reserve policy meeting is scheduled for October 28-29, with the last meeting of the year in the second week of December [5]