#美联储FOMC会议

From May 6 to 7, 2025, the Federal Open Market Committee (FOMC) of the Federal Reserve held its third annual monetary policy meeting. Despite an unexpected contraction of 0.3% in U.S. GDP in the first quarter and an increase in initial jobless claims, the federal funds rate remained unchanged at between 4.25% and 4.50%. Most officials believe that the current economic data is insufficient to support an immediate rate cut.  

During the meeting, President Trump continued to pressure the Federal Reserve to lower interest rates, citing strong performance in the job market and easing inflation indicators. However, Fed officials expressed concerns about recent inflationary risks, particularly that new tariff policies could push prices higher. March PCE inflation data showed a year-over-year growth rate above expectations, further exacerbating concerns about inflation. 

The market widely expects that if economic data continues to be weak, the Fed may consider a rate cut at the July meeting. Investors will closely monitor the upcoming employment and inflation data to gauge the future direction of monetary policy.

The next FOMC meeting is scheduled for June 17 to 18, 2025, during which a new summary of economic projections will be released, potentially providing more policy guidance to the market.