#美联储维持利率不变

The U.S. Federal Reserve concluded its two-day monetary policy meeting on the 29th, announcing that it would maintain the federal funds rate target range at 4.25% to 4.50%.

This is the first time the Fed has kept rates unchanged since it began cutting rates consecutively in September 2024. In a statement issued that day, the Fed said the U.S. economy continues to expand at a robust pace. The unemployment rate has remained stable at a low level in recent months, and the labor market remains solid, but inflation is still "somewhat elevated" and the economic outlook is "uncertain".

The statement said that the risks of achieving employment and inflation targets are "roughly balanced". When considering the magnitude and timing of any further adjustments to the federal funds rate target range, the Fed will carefully assess upcoming data, the evolving outlook, and risk balance. The Fed will continue to reduce its holdings of Treasury securities, agency bonds, and agency mortgage-backed securities, firmly committed to supporting maximum employment and restoring inflation to the 2% dual goal.

Fed Chairman Powell stated at the post-meeting press conference that inflation levels in the U.S. have significantly eased over the past two years but are still "somewhat high" relative to the Fed's 2% inflation target. In the last three monetary policy meetings, the Fed has lowered the federal funds rate by one percentage point from its peak. "Given the progress on inflation and the rebalancing of the labor market," it was "appropriate" for the Fed to readjust its policy stance in this meeting.