新华财经北京12月11日电 美联储于周三（12月10日）宣布实施年内第三次降息，将联邦基金利率目标 区间下调25个基点至3.5%至3.75%之间，同时表示将增加短期国债购买，美债收益率应声下跌。 美国财政部数据显示，10年期美债收益率10日下跌5个基点至4.13%，2年期美债收益率下跌7个基点至 3.54%。其余中短期美债收益率普遍下跌4-6个基点，超长端表现稍稳，收益率下跌2-3个基点。 美国联邦储备委员会10日结束为期两天的货币政策会议，宣布将联邦基金利率目标区间下调25个基点至 3.5%至3.75%之间，符合市场预期。这是美联储自今年9月以来连续第三次降息，也是美联储自2024年9 月启动本轮降息周期以来的第六次降息。 委员会在会后发表声明说，经济活动在温和扩张，新增就业今年放缓，失业率在9月升高，通胀在今年 早些时候走高后依然在一定程度上处于高位。美国经济前景面临的不确定性依然处于高位，就业市场下 行风险在最近几个月升高。 转自：新华财经 美联储还认为，储备金余额已降至充足水平，将根据需要开始购买短期国债，以长期维持充足的储备供 应。 据美联储主席鲍威尔介绍，首月购买规模将为400亿美元，且未来数月可 ...

美联储12月声明对失业率的表述从上次的"失业率小幅上升但到8月仍维持在低位"，改为"失业率截至9月有所上升"；增加未来降息"幅度和时机"表述， 被视为暗示未来降息门槛更高；增加表述"委员会认为准备金余额已降至充足水平，并将根据需要购买短期美国国债，以维持持续充足的准备金供应"。 本次会议有三张反对票，比10月多了一张，芝加哥联储主席古尔斯比倾向于维持利率不变。 委员会力求长期内实现最大化就业和2%的通胀率。经济前景的不确定性仍处于较高水平。委员会密切关注可能影响其双重使命的风险因素，并判断就业下行风险 最近几个月有所上升。 美国总统特朗普今年9月任命的美联储理事斯蒂芬·米兰，再度投下反对票，与此前9月和10月会议一样，他认为应降息50个基点而非25个基点。 堪萨斯城联储主席施密德与10月会议一样，再度投下反对票，他倾向于此次会议维持利率目标区间不变。 芝加哥联储主席古尔斯比加入了施密德，他倾向于此次会议维持利率目标区间不变。 为支持自身目标，并考虑到风险平衡的变化，委员会决定，将联邦基金利率目标区间下调0.25个百分点，至 3.50% （3.75%） 至 3.75% （4%） 。在考虑对联邦 基金利率目标范围 ...

数据来源:美联储 美联储12月宣布降息25个基点,将联邦基金利率 目标区间降至3.50%-3.75%,符合市场"鹰派降 息"预期。 这是美联储2025年年内第三次降息,也是继今 年9月以来连续第三次降息,全年的累计降息幅 度就此达到75个基点。今年前八个月,该行一直 按兵不动,以等待评估关税及其他政策调整对 经济的影响。 0 2 美联储决议声明变动 要动同 雙动前 今年就业增长放 经济方面 今年就业增长放 | 变动前 | | 变动后 | | --- | --- | --- | | 今年就业增长放 经济方面 | | 今年就业增长放 | | 缓,失业率略有 | | 缓,失业率截至9 | | 上升,但截至 8 | | 月有所上升。 | | 月份仍保持在较 | | | | 低水平。 | | | | 委员会决定将联 | 决议方面 | 委员会决定将联 | | 邦基金利率目标 | | 邦基金利率目标 | | 区间下调 0.25 个 | | 区间下调 0.25 个 | | 百分点至 3.75% | | 百分点至 3.50% | | 至4%。 | | 至 3.75%。 | | 在考虑对联邦基 | | 在考虑对联邦基 | | 金 ...

美联储宣布再降息25个基点 三人投票反对 中新社纽约12月10日电 (记者 王帆)美国联邦储备委员会10日宣布，将联邦基金利率目标区间下调25个 基点到3.5%至3.75%之间的水平。这是美联储今年以来第三次降息，决策过程中有三名官员投票反对。 美联储在为期两天的货币政策例会后发表声明称，现有指标表明美国经济活动正以温和速度扩张。今年 以来，就业增长有所放缓，失业率在9月略有上升，近期指标也印证了这一趋势。通胀率自年初以来有 所上升，仍处于较高水平。美联储寻求在较长时期内实现充分就业和2%通胀目标。经济前景不确定性 仍然较高。美联储密切关注其双重使命面临的风险，并认为近几个月来就业形势的下行风险有所上升。 声明称，为实现目标并鉴于风险平衡的变化，美联储决定将联邦基金利率目标区间下调25个基点到 3.5%至3.75%的水平。在考虑进一步调整利率的幅度和时机时，美联储将仔细评估最新数据、不断变化 的前景以及风险平衡。美联储认为，储备金余额已降至充足水平，将根据需要开始购买短期国债，以长 期维持充足的储备供应。 声明提到，此次利率决策过程有三人投票反对。其中，美联储理事米兰主张降息50个基点，堪萨斯城联 储银行行长 ...

美联储官员此前对美国关税政策对通胀的影响和12月是否进一步降息出现明显分歧，但美国就业市场数 据恶化推高降息预期。 美联储发布的经济预测摘要显示，与9月份相比，美联储官员对2025年-2028年美国经济增速预测中位数 均走高，对明年经济增速预测从1.8%提高至2.3%。美联储官员对今年和明年失业率的预测维持不变， 而对今年和明年通胀预期均小幅下调。 值得注意的是，美联储官员对今后三年联邦基金利率的预测维持不变，对明年利率水平的预测分布较为 分散。预测显示，今年和明年可能分别再降息25个基点，但美联储内部对继续降息的分歧较大。 新华财经纽约12月10日电（记者刘亚南）美国联邦储备委员会10日结束为期两天的货币政策会议，宣布 将联邦基金利率目标区间降至3.5%至3.75%。这一决定符合市场预期，也是美联储货币政策会议自9月 以来连续第三次降息，也是自2024年9月启动本轮降息周期以来第六次降息。 美联储决策机构联邦公开市场委员会在会后发表声明说，经济活动在温和扩张，新增就业今年放缓，失 业率在9月升高，通胀在今年早些时候走高后依然在一定程度上处于高位。美国经济前景面临的不确定 性依然处于高位，就业市场下行风险在最 ...

为支持自身目标，并考虑到风险平衡的变化，委员会决定，将联邦基金利率目标区间下调 0.25个百分点，至3.50%（3.75%）至3.75%（4%）。在考虑对联邦基金利率目标范围进一步 调整的幅度和时机方面，委员会将仔细评估未来的数据、不断变化的前景和风险平衡。（委 员会决定于12月1日结束其对持有证券总量的缩减。）委员会坚定承诺支持最大化就业，以 及让通胀回到其目标2%。 当地时间12月10日周三，美联储如期降息25个基点，将联邦基金利率目标区间下调至3.50%至3.75%。 本次声明中，美联储对经济前景的表述较10月会议略有调整，但变化不大： 对于未来联邦基金利率目标范围的调整，美联储在12月的声明中增加了"幅度和时机"表述。 本次声明的一个重要变化是，美联储新增了表述"委员会认为准备金余额已降至充足水平，并将根据需 要购买短期美国国债，以维持持续充足的准备金供应"。这一点与美联储同日还宣布的将买短期美债400 亿美元是一致的。美联储主席鲍威尔在新闻发布会上表示，美国国债购买规模在未来几个月内可能会维 持在较高水平。 值得注意的是，本次会议上，有三张反对票，比10月会议多了一张反对票，凸显美联储内部分歧： 声 ...

Key Points Bitcoin's greatest bull runs have, in the past, coincided with a low federal funds rate. The Federal Reserve could soon cut that interest rate again. This is just one of many factors affecting Bitcoin, but it's a big one. 10 stocks we like better than Bitcoin › In every market, price is one of the main signals, and for the U.S. dollar itself, that signal is the federal funds rate, which is the short-term interest rate the Federal Reserve targets for overnight lending between banks. As ...

Core Insights - The Federal Reserve has cut the federal funds rate three times in 2024 and recently made a second cut in 2025, leading to a decline in deposit interest rates, including money market account (MMA) rates [1] - The national average rate for MMAs is currently 0.59%, while top high-yield accounts offer rates exceeding 4% APY, significantly higher than the national average [2][9] Group 1: Money Market Account Rates - The importance of comparing MMA rates is emphasized, as interest rates vary widely among banks, particularly online banks and credit unions, which offer competitive rates [3][4] - Online banks have lower overhead costs due to their web-based operations, allowing them to provide higher deposit rates and lower fees [4] - Credit unions, as not-for-profit entities, also offer competitive rates and fewer fees, although membership requirements may apply [5] Group 2: Features and Considerations of Money Market Accounts - Money market accounts are suitable for short-term savings goals, offering higher interest rates than regular savings accounts and easier access to funds compared to CDs [5][7] - MMAs are considered low-risk and are FDIC-insured up to $250,000 per depositor, per institution, making them safer than money market funds [6] - Many MMAs require a minimum balance to earn the highest advertised rates, and failure to maintain this balance may result in fees or lower rates [6] Group 3: Access and Usage of Funds - While MMAs allow for general access to funds, they may limit the number of transactions per month, which is a consideration for those needing frequent access [7] - MMAs are recommended for individuals looking to earn more interest than a regular savings account without locking funds in a CD, provided they can maintain the minimum balance [7][8]

Core Viewpoint - The Goldman Sachs research team, led by Jan Hatzius, indicates that the U.S. labor market is showing significant signs of cooling, strongly suggesting a 25 basis point rate cut by the Federal Reserve this month [1] Labor Market Analysis - U.S. job growth in September plummeted to 39,000, significantly below market expectations [1] - The unemployment rate for college graduates aged 20 to 24 surged to 8.5%, highlighting structural impacts from AI technology applications and productivity improvements [1] Economic Outlook - Goldman Sachs forecasts that the U.S. economy will rebound to a growth rate of 2% to 2.5% by 2026, driven by easing tariff policies, tax cuts, and a more accommodative financial environment [1] - The firm anticipates that the Federal Reserve will pause rate cuts in January 2026, followed by further easing in March and June, ultimately lowering the federal funds rate to a range of 3% to 3.25% [1]

Core Insights - The Federal Reserve has cut the federal funds rate three times in 2024 and recently made a second cut in 2025, leading to a decline in deposit interest rates, including money market account (MMA) rates [1] - The national average rate for MMAs is currently 0.59%, while top high-yield accounts offer rates exceeding 4% APY, significantly higher than the national average [2][9] - Online banks and credit unions are highlighted as the best sources for competitive MMA rates due to their lower overhead costs and not-for-profit structures, respectively [4][5] Group 1: Money Market Account Rates - The national average MMA rate is 0.59%, but high-yield accounts can offer rates over 4% APY, which is more than six times the national average [2] - Online banks typically provide the best MMA rates due to reduced operational costs, allowing them to offer higher deposit rates [4] - Credit unions also offer competitive rates, often ranging from 3% to 4% APY, but may have membership requirements [5] Group 2: Account Features and Considerations - Money market accounts are considered low-risk and are FDIC-insured up to $250,000 per depositor, per institution, making them safer than money market funds [6] - Many MMAs require a minimum balance to earn the highest advertised rates, and failing to maintain this balance may result in fees or lower rates [6] - While MMAs allow for easier access to funds compared to CDs, they may limit the number of transactions per month, which is a consideration for those needing frequent access [7]