#美联储FOMC会议

【Highlights of the Federal Reserve FOMC Meeting】

In the early morning of June 13, Beijing time, the Federal Reserve announced that it would maintain the benchmark interest rate at 5.25%-5.5%, in line with market expectations. The dot plot indicates that there may only be one rate cut this year (a reduction from the March expectations), with the interest rate center adjusted down to 4.1% for 2025. Powell stated that "inflation has significantly eased," but more data is needed to confirm the trend, and the first rate cut may wait until December. Adjustments to the balance sheet plan: the maximum reduction in government bonds is lowered from 60 billion to 25 billion USD/month. Market reaction: US stocks hit new highs, the dollar index plummeted, and gold surged. Analysts believe that high interest rates will persist for a longer period, and attention is on the impact of the July non-farm payroll and CPI data on the policy path.