The core information from the latest Federal Reserve meeting is as follows:

1. Interest Rate Decision: A decision was announced to cut rates by 25 basis points, bringing the rate range down to 3.50%-3.75%. This is the third rate cut of the year, but there was a split in the internal vote (9:3).

2. Conservative Future Path: According to the latest dot plot, officials' median prediction for the interest rate at the end of 2026 is 3.4%. This suggests that the mainstream expectation is only one rate cut in 2026, with a pace slower than some market expectations.

3. Restart of Treasury Purchases: Starting from December 12, approximately $40 billion in short-term Treasury securities will be purchased. The Federal Reserve explicitly emphasizes that this move is not quantitative easing, but a technical operation to ease overnight market liquidity tightening.

4. Market Reaction: Following the resolution, U.S. stocks rose. However, due to the potential slowing of future rate cuts and the nature of bond purchases being short-term liquidity management, the sustainability of the rebound remains to be seen. #美联储降息 #加密市场观察