Group 1 - The Federal Reserve maintained the federal funds rate target range at 4.25%-4.50%, marking the third consecutive meeting without a change since December [1] - Fed Chairman Powell's strong statements and the warning of "dual risks of inflation and unemployment" in the meeting's statement sent a significant signal to the market [1][3] - Powell emphasized that the Fed has never altered its decision-making logic due to political pressure and will not take preemptive actions against hypothetical risks related to tariffs [3] Group 2 - The U.S. stock market initially dropped due to the Fed's statement indicating inflation remains slightly above target, but later reversed to close up 0.43% as Powell highlighted the robustness of the U.S. economy [4] - Significant divergence was observed in tech stocks, with Nvidia rising over 3% while Google fell 7% and Apple dropped 1%, reflecting concerns over intensified competition among tech giants [4] - Chinese concept stocks faced a sell-off, with the Nasdaq Golden Dragon China Index plunging 2.34%, led by Baidu's nearly 5% decline, indicating ongoing geopolitical risks and domestic regulatory pressures [4] Group 3 - Goldman Sachs reported that the current threshold for rate cuts is higher than during the 2019 trade war, predicting a potential start of the rate cut cycle in July, with a total reduction of 75 basis points to a range of 3.5%-3.75% by year-end [5] - The Fed's statement included the phrase "economic outlook uncertainty has further increased," reflecting a cautious tone that contrasts with the optimistic expectations from the White House [5]

美东时间5月7日周三，美联储公布的货币政策声明新增一句："失业率上升和通胀上升的风险已增加。" 会后的新闻发布会上，鲍威尔被问道，在他的任期内需要首先解决哪一方面的问题，是失业的还是通胀 的。 鲍威尔表示，失业率上升和通胀上升的风险加剧。目前尚不清楚哪一种风险才是更令人担忧的问 题。"现在下结论还为时过早。" 鲍威尔认为，需要同时关注失业和通胀的风险两个问题，可能不得不 在它们之间做出取舍。 被问及美联储是否需要很长时间才能弄清楚事态发展时，鲍威尔强调："我认为我们不知道。" 他还重 申之前的言论，称美联储不会急于降息。他说： "我们认为，不需要急于调整利率。" "我们认为可以耐心，我们将关注数据。" 美联储最近会议决定再次暂停降息，美联储主席鲍威尔会后也再次重申，联储不急于行动，不认为应该 先发制人降息应对关税冲击，又一次打脸一再敦促立即降息的美国总统特朗普。 同时，特朗普强调高关税对可能推升失业和通胀。 "如果已宣布的大幅提高关税措施持续下去，可能会导致通胀上升、经济增长放缓和失业率上升。" 当前货币政策有适度限制性观望是很明确的决定 鲍威尔评论美国经济称，经济仍然稳健。劳动力市场大体均衡，处于、或接近充 ...