Here it comes! The most detailed interpretation of the Federal Reserve's interest rate meeting. Is it good news or bad news this time? Please see below:

1. 【Two interest rate cuts this year】

Maintaining the expectation of two interest rate cuts this year, but lowering the expectation for next year's cuts from two to one.

2. 【Lowered U.S. GDP expectations for this year】

In the latest economic projections summary (SEP) released by the Federal Reserve, it is expected that U.S. GDP will grow by 1.4% in 2025, down from 1.7% projected in March.

3. 【Increased unemployment rate expectations】

The unemployment rate is expected to be 4.5% in 2025, up from the 4.4% projected in March.

4. 【Increased inflation expectations for the U.S. from 2025 to 2027】

The core PCE inflation rate is expected to be 3.1% in 2025, up from 2.8% projected in March.

Overall, the unchanged expectation for one interest rate cut is considered good news, which is the main point, while points 2-4 are bad news, indicating economic slowdown, rising unemployment rate, and increasing inflation. Then on the 30th, Powell will speak. If there's anything particularly important, I will update you; if not, let's go to sleep~

Good night ^-^