Core Viewpoint - The Federal Reserve has decided to lower the federal funds rate target range by 25 basis points to between 4.00% and 4.25%, marking the first rate cut since December 2024, in response to lower-than-expected job growth and economic uncertainty [3][5]. Group 1: Federal Reserve Actions - The Federal Reserve's decision to cut rates is influenced by rising inflation and a slowdown in job growth, with recent indicators showing a deceleration in economic activity [3]. - The Fed's forecast indicates an additional 50 basis points cut by the end of the year, with further cuts of 25 basis points each year for the next two years [5]. - The Federal Reserve will continue to reduce its holdings of U.S. Treasuries, agency debt, and agency mortgage-backed securities while maintaining the current pace of balance sheet reduction [5]. Group 2: Economic Projections - The Federal Reserve projects a GDP growth rate of 1.6% for 2025, an increase from the previous forecast of 1.4%, with a long-term growth rate expectation of 1.8% [6]. Group 3: Market Reactions - Following the Fed's decision, the U.S. dollar index fell by 0.13% to 96.48 [7].
重磅!美联储宣布降息25个基点
第一财经·2025-09-17 22:09