全文对比美联储9月会议声明有何变化

Core Viewpoint - The Federal Reserve acknowledged a slowdown in employment growth and a slight increase in the unemployment rate, while also indicating that inflation levels remain slightly elevated, leading to a decision to lower the federal funds rate by 25 basis points [1][3][6]. Summary by Sections Federal Reserve's Decision - On September 17, the Federal Reserve lowered the federal funds rate target range to 4.00% to 4.25% by 25 basis points [3]. - The decision reflects a more pessimistic view on the employment market compared to the previous meeting, with the acknowledgment of rising unemployment risks [3][6]. Changes in Statements - The Fed removed the phrase regarding the stability of the labor market and noted that employment growth has slowed [3][5]. - Inflation was mentioned as having increased, a change from the previous meeting where this trend was not highlighted [3][5]. Voting Dynamics - Stephen I. Miran was the only member to vote against the decision, advocating for a 50 basis point cut instead of 25 [3][7]. - Other members, including those appointed by President Trump, supported the 25 basis point reduction, contrary to some pre-meeting expectations [3][4][7]. Economic Outlook - The committee aims for maximum employment and a 2% inflation rate, while recognizing high levels of uncertainty in the economic outlook [6]. - The Fed will continue to monitor various factors, including labor market conditions and inflation pressures, to assess future monetary policy adjustments [6].