Core Viewpoint - The Federal Reserve appears to be in no rush to further cut interest rates, with a focus on labor market conditions and a belief that inflation is temporary [1][2] Group 1: Federal Reserve Actions - The Federal Reserve has lowered the federal funds rate target range by 25 basis points to 3.5%-3.75%, with a split decision among FOMC members [1] - The latest economic forecasts show an increase in GDP growth from 1.8% to 2.3% for 2026, a decrease in inflation forecast from 2.6% to 2.4%, and an unchanged unemployment rate forecast at 4.4% [1] - The median policy rate forecast remains unchanged, indicating one rate cut each in 2026 and 2027 [1] Group 2: Economic Outlook - Powell emphasized that the outlook for employment and inflation has not changed significantly, although labor demand has noticeably slowed [2] - Recent rate cuts are seen as stabilizing the labor market, with service sector inflation showing signs of decline [2] - Overall, Federal Reserve officials maintain an optimistic view on strong consumer spending, fiscal support, and investment, particularly in the artificial intelligence sector [2]
DWS：美国劳动市场再成焦点 维持明年美联储再减息两次预测
Zhi Tong Cai Jing·2025-12-12 02:55