利好！美联储，降息重磅消息

Core Viewpoint - The latest inflation data favored by the Federal Reserve shows a slight increase in overall inflation, with core PCE remaining stable, indicating a mixed economic outlook and potential challenges for future monetary policy [3][4]. Economic Indicators - Adjusted for inflation, consumer spending increased by 0.4% last month [2]. - The core PCE price index rose by 0.2% from July, maintaining a year-on-year increase of 2.9% [3]. - Overall annual inflation rate rose slightly from 2.6% in July [4]. Consumer Behavior - Consumer spending on goods grew by 0.7%, driven by increases in discretionary items like furniture and clothing [7]. - Retail sales in August rose for the third consecutive month, partly due to back-to-school shopping [7]. - Despite strong consumer spending, there are concerns about the sustainability of this momentum given the softening labor market and stagnant real disposable income [7]. Federal Reserve's Stance - Some Federal Reserve officials are hesitant about further rate cuts due to inflation remaining above the 2% target [4]. - The market shows strong bets on a rate cut in October, but less enthusiasm for further action in December [7]. - The recent rate cut of 25 basis points brought the target range for the federal funds rate to 4%-4.25% [7][10]. Market Reaction - Following the report, U.S. stock indices opened higher, with the Dow Jones rising over 300 points, and international gold prices also saw a short-term increase [5].