#美联储FOMC会议 Interest Rate Policy

Since the March 2025 meeting, the Federal Reserve has maintained the federal funds rate in the range of 4.25%-4.5% for two consecutive times, in line with market expectations. This decision is based on a balanced consideration of economic resilience and inflation risks. Despite Trump's repeated pressure to cut interest rates, the Federal Reserve emphasizes its independence and insists on adjusting policies based on economic data rather than political pressure.

The U.S. Stock Market is Beautiful

Balance Sheet Adjustment

Starting from April 2025, the Federal Reserve will reduce the scale of Treasury bond purchases from $25 billion per month to $5 billion per month, while maintaining the monthly balance sheet reduction cap for mortgage-backed securities (MBS) at $35 billion. This move aims to alleviate liquidity pressure in the money market and provide a buffer against potential shocks after the debt ceiling resolution.