新华社：美联储货币政策面临多重困扰

Group 1 - The Federal Reserve announced a 25 basis point reduction in the federal funds rate target range to between 3.75% and 4.00% during its recent monetary policy meeting, marking the fifth rate cut since September 2024 [1] - There is increasing internal disagreement within the Federal Reserve regarding future rate decisions, with some members advocating for larger cuts while others prefer to maintain current rates [2] - The ongoing government shutdown has hindered the collection and reporting of key economic data, complicating the Fed's ability to assess the true state of the U.S. economy [2] Group 2 - The U.S. labor market is showing signs of weakness, with the unemployment rate rising to 4.3% in August, the highest in nearly four years, and non-farm payrolls increasing by only 22,000, significantly below market expectations [2][3] - Inflation remains a concern, with the personal consumption expenditures price index rising 2.7% year-over-year in August, exceeding the Fed's long-term target of 2% [3] - The relationship between the Federal Reserve and the White House is tense, as government officials have pressured the Fed for more aggressive rate cuts, which could potentially undermine the Fed's independence [4][5]