【Federal Reserve continues to hold steady, emphasizing rising unemployment and inflation risks】
On May 8, Jin Shi Data reported that the Federal Reserve has maintained interest rates at the same level for the third consecutive meeting, emphasizing their belief that the risks of rising inflation and unemployment are both increasing. The FOMC committee stated, "The uncertainty surrounding the economic outlook has further increased. The committee is monitoring the risks faced by its dual mandate and assessing that the risks of high unemployment and high inflation have risen." Officials unanimously voted to keep interest rates in the range of 4.25%-4.5%. The Federal Reserve stated it will continue to reduce its balance sheet at the pace announced in the March meeting. Trump's trade policy has triggered a wave of uncertainty across the economy. Although tariffs are still under negotiation, economists generally expect that comprehensive tariffs will drive up inflation and hinder economic growth. This will create a conflict between the two goals of policymakers (price stability and maximum employment).