美联储态度谨慎 给降息前景“泼冷水”

Core Points - The Federal Reserve announced a 25 basis point cut in the federal funds rate target range to 3.75% to 4.00%, marking the fifth rate cut since September 2024 [1] - There is significant uncertainty regarding future monetary policy decisions, with internal divisions within the Federal Reserve and the impact of the government shutdown on economic data collection [2][3] - The job market is showing signs of slowing down, 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, well below market expectations [3] - Inflation remains a concern, with the personal consumption expenditures price index rising 2.7% year-on-year in August, exceeding the Fed's long-term target of 2% [4] - 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 may lead to further complications [5][6] Group 1 - The Federal Reserve cut the federal funds rate target range to 3.75% to 4.00% [1] - There is uncertainty about future rate cuts due to internal divisions and the government shutdown affecting data collection [2][3] - The job market is slowing, with rising unemployment and disappointing payroll growth [3] Group 2 - Inflation concerns persist, with the personal consumption expenditures price index rising above the Fed's target [4] - The Federal Reserve's relationship with the White House is strained due to pressure for rate cuts [5][6]