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$Tesla (TSLA.US)$ The Federal Reserve's latest meeting has r...
$Tesla (TSLA.US)$ The Federal Reserve's latest meeting has resulted in a sharp decline in both the stock and Treasury markets, while the dollar has surged to its highest level since 2022.
Although the market had anticipated this meeting, the hawkish tone exceeded expectations, underscored by four key points:
1、Significant Reduction in Rate Cut Projections
2、Notable Increase in 2024 PCE Inflation Forecasts
3、Clear Indication of Upside Risks to Inflation
4、Opposition from Several Committee Members.
1、Significant Reduction in Rate Cut Projections
2、Notable Increase in 2024 PCE Inflation Forecasts
3、Clear Indication of Upside Risks to Inflation
4、Opposition from Several Committee Members.
As widely expected, the Federal Open Market Committee (FOMC) lowered the target range for the federal funds rate by 25 basis points to 4.25%–4.5%. However, as Chairman Jerome Powell noted during the press conference, monetary policy has now entered a "new phase," during which the committee will adopt a more cautious approach.
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