FOMC Meeting Key Points:
1. The labor market is significantly weak, now a major source of macroeconomic risk for the Federal Reserve.
2. Inflation remains high, with rising goods inflation primarily due to tariffs rather than demand.
3. The Federal Reserve believes that the policy interest rate is currently close to neutral, allowing for a pause and assessment of the situation.
4. To maintain ample reserves during the tax season, Treasury bond purchases will remain high in the coming months.
5. Recent inflation data is limited and somewhat distorted, prompting the Federal Reserve to take a cautious approach to all readings.
6. Service sector deflation continues, while goods inflation is almost entirely driven by tariffs.
7. FOMC members have differing opinions: some members prefer to keep interest rates unchanged, while others support further rate cuts based on upcoming data. #FederalReserveFOMCMeeting #BTC #美联储降息 $BTC
