连续第三次！美联储如期降息25基点 但内部分歧加剧 将每月购债400亿

Group 1 - The Federal Reserve announced its third consecutive interest rate cut this year, lowering the federal funds rate by 25 basis points to a range of 3.5%-3.75%, indicating increasing divergence among policymakers regarding future policy paths [1] - The FOMC's decision was made with a 9-3 vote, highlighting disagreements among officials about the balance between a weakening labor market and persistent inflation [1][2] - The Fed plans to purchase $40 billion in Treasury bills monthly starting December 12 to rebuild bank reserves that have declined significantly during the balance sheet reduction [2] Group 2 - Economic forecasts show that officials expect only one rate cut in both 2026 and 2027, with a split among officials on the necessity of further cuts, as seven officials favor maintaining rates while eight support at least two cuts [3] - The unemployment rate rose to 4.4% in September, up from 4.1% in June, while core inflation remains above target at 2.8%, contributing to policy uncertainty [2] - External political factors are influencing discussions, with President Trump indicating he will announce a successor for the Fed chair early next year, raising concerns about the independence of the central bank [3]