Ultima Markets[Market hotspot] The Federal Reserve maintains interest rates unchanged and is optimistic about the economy...

Federal Reserve(FED)Keep interest rates unchanged and the federal benchmark interest rate at5.25to5.5%At the press conference after the meeting, Chairman Bauer stated that "decisions will continue to be made at each interest rate meeting based on all data, the impact on economic activity and inflation prospects, and further interest rate hikes will be made in appropriate circumstances. He also pointed out that the current interest rate level is" quite close "to its required level. ”     

Bauer stated that there is still significant uncertainty regarding the timing of interest rate cuts,2024The forecast for the year is only the current estimate, and we believe it will enter2024The timing of annual interest rate cuts will always come, but it will not specify a specific time. He believes that the labor market will eventually weaken, but caution must be exercised and believes that restoring price stability is a more serious issue.     

From the interest rate matrix chart released along with the statement,FEDExpected to raise interest rates again this year25Basis points, the interest rate will be5.50%-5.75%Touching the top. Due to the rise in interest rates pushing up bond yields, attracting investors to shift more cash into the government bond market, technology stocks will face increasing pressure.

(FOMCInterest rate prediction dot matrix,FOMC)  

FEDBelieving that the US economy will improve, upward revision2023Annual Gross Domestic Production (GDP) Growth rate prediction, starting from 6 Monthly estimated1.0% Increase to2.1%. Next year by 1.1% Upgraded to 1.5%。 2025Maintain at 1.8%，2026The annual forecast value was first announced as 1.8%。

(GDP EstimateFOMC)

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