#美联储FOMC会议

Latest Developments from the Federal Reserve FOMC Meeting

The June FOMC meeting kept the federal funds rate unchanged at 4.25%-4.50%, in line with market expectations. The meeting minutes indicate that committee members remain cautiously optimistic about inflation staying close to the 2% target but emphasize the need to be vigilant about supply chain and geopolitical risks. The dot plot suggests that there may be two rate cuts within the year, depending on economic data. Powell stated that the resilience of the labor market supports consumption, but recent fluctuations in energy prices may temporarily push inflation higher. The balance sheet reduction plan is slowing down, with the limit on Treasury redemptions lowered to $25 billion per month. Market reactions were moderate, with U.S. stocks rising slightly and Treasury yields remaining flat. Future policies will balance inflation control with economic resilience, with close attention paid to July's non-farm payroll and CPI data.