#美联储减息

Let me give you a brief overview of what the Fed said last night.

Interest rate/monetary policy

1. The Fed maintained the target range of the federal funds rate at 5.25% to 5.50%

2. Powell said that a rate cut in September "may be under consideration" and the consensus of the committee is gradually approaching a rate cut, and the policy rate will be lowered as early as September;

3. If the economy remains stable, the interest rate will remain unchanged as needed;

4. A premature rate cut may reverse the improvement of inflation, and the Fed is gradually approaching the time to lower interest rates!

5. There is in-depth discussion about rate cuts, but a 50 basis point rate cut is not being considered now.