Wonderful introduction:
Since ancient times, there have been joys and sorrows, and since ancient times, there have been sorrowful moon and songs. But we never understood it, and we thought everything was just a distant memory. Because there is no real experience, there is no deep feeling in the heart.
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Official Website]: The Federal Reserve maintains interest rates of 4.25%-4.50%, and the market focuses on the prospect of a rate cut in September." Hope it will be helpful to you! The original content is as follows:
XM Foreign Exchange APP News-At 2:00 am on July 31, 2025, Beijing time, the Federal Reserve (Feder) announced that it would maintain the target range of the federal funds rate at 4.25%-4.50%, in line with market expectations. This is the fifth time the Fed has kept interest rates unchanged, reflecting its cautious attitude towards high inflation and uncertainty in the Trump administration's tariff policy. In the resolution, two Trump-appointed directors, Christopher Waller and Michelle Bowman, voted against the decision, proposing a 25 basis point rate cut. This is the first time in more than 30 years that two directors oppose it, which has attracted widespread attention from the market. Federal Reserve Statement: The economy slows down, inflation wording has not changed. The Federal Reserve Statement pointed out that economic activity growth slowed down in the first half of 2025, and inflation was still "high to a certain extent", but the unemployment rate remained low and the labor market was stable. The Fed reported in mid-July Beige Book that from the end of May to early July, prices in all U.S. Federal Reserve areas rose, partly due to the Trump administration's tariff policies pushing up costs. The Federal Reserve emphasized that "the uncertainty of the economic outlook remains high", and both inflation and employment targets are at risk. "Federal Mickey Bottle" Nick Timiraos said that the wording of the first two paragraphs of the statement met expectations, but was not significantly modified, especially the inflation wording has not changed since the June meeting. "Inflation is still high to a certain extent" shows that the Fed is vigilant about the risk of accelerated price increases and inflation has not returned to the 2% target. The uncertainty of tariff policies has prompted the Federal Reserve to prioritize ensuring price stability and delay interest rate cuts. Market reaction: US dollar strengthens, and after the differentiation resolution on interest rate cut expectations was announced, US dollarThe index (DXY) rose 0.55% to 99.433, the euro fell 0.53% to 1.148325 USD, the dollar rose 0.51% to 0.80955 Swiss francs, and the dollar rose 0.18% to 148.825 yen. US interest rate
The above content is all about "[XM Forex Official Website]: The Federal Reserve maintains interest rates of 4.25%-4.50%, and the market focuses on the prospect of interest rate cuts in September". It is carefully stofoco.compiled and edited by the editor of XM Forex. I hope it will be helpful to your transactions! Thanks for the support!
Due to the author's limited ability and time constraints, some content in the article still needs to be discussed and studied in depth. Therefore, in the future, the author will conduct extended research and discussion on the following issues: