#美联储FOMC会议 Below is a brief analysis of the Federal Reserve FOMC meeting's policy stance **: The June meeting kept the interest rate unchanged at 5.25%-5.5%, in line with expectations. The dot plot suggests **only one rate cut in 2024** (previously expected three), releasing a hawkish signal.

**Core concerns**: The pace of inflation decline is slower than expected (especially in the service sector), emphasizing the need to gather more data for verification. The resilience of the labor market weakens the urgency for rate cuts.

**Market impact**: Rate cut expectations have been postponed to September or later, the dollar strengthens, U.S. Treasury yields rise, and risk assets are under pressure. The Federal Reserve is shifting to a **"higher for longer"** stance, moving towards a more cautious policy.

(Note: Based on the latest meeting in June 2024)