Fed Keeps Interest Rates Steady, Announces Slower-Than-Expected Pace Of Balance Sheet Runoff
Fed Keeps Interest Rates Steady, Announces Slower-Than-Expected Pace Of Balance Sheet Runoff
The Federal Reserve opted to keep the federal funds rate unchanged at 5.25% to 5.5% Wednesday, as widely expected, reinforcing its commitment to steering the economy toward sustainable growth and controlling inflation.
正如人們普遍預期的那樣，聯儲局週三選擇將聯邦基金利率維持在5.25％至5.5％不變，這加強了其引導經濟走向可持續增長和控制通貨膨脹的承諾。
The Fed said it does not expect it will be appropriate to cut rates until it has gained greater confidence inflation is moving sustainably toward 2%.
聯儲局表示，在增強信心通貨膨脹率持續走向2％之前，預計不宜降息。
The Federal Open Market Committee has outlined a plan to gradually reduce its holdings of Treasury securities and agency debt, marking a shift toward normalizing its balance sheet.
聯邦公開市場委員會概述了一項逐步減少其持有的國債和機構債務的計劃，這標誌着其資產負債表向正常化的轉變。
Starting in June, the Fed will reduce the monthly redemption cap on Treasury securities from $60 billion to $25 billion while maintaining the cap on agency debt and mortgage-backed securities at $35 billion.
從6月開始，聯儲局將把美國國債的每月贖回上限從600億美元降至250億美元，同時將機構債務和抵押貸款支持證券的上限維持在350億美元。
This represents a slower-than-expected pace of reduction in so-called quantitative tightening, as markets participants expected the Fed to shift from $60 billion to $30 billion in its monthly redemption cap on Treasury securities.
這表明所謂的量化緊縮的縮減速度低於預期，因爲市場參與者預計聯儲局的美國國債每月贖回上限將從600億美元轉移到300億美元。
Wednesday's Fed statement indicates that risks to achieving employment and inflation goals 'have moved toward a better balance over the last year,' as opposed to the phrasing "are moving into better balance" in the March policy statement.
聯儲局週三的聲明表明，實現就業和通貨膨脹目標的風險 “在過去一年中已朝着更好的平衡方向發展”，而不是3月份政策聲明中的 “正在走向更好的平衡”。
The U.S. dollar index (DXY), as tracked by the Invesco DB USD Index Bullish Fund ETF (NYSE:UUP), inched lower minutes after the statement release.
景順數據庫美元指數看漲基金ETF（紐約證券交易所代碼：UUP）追蹤的美元指數（DXY）在聲明發布幾分鐘後小幅走低。
Traders now await Fed Chair Jerome Powell's remarks due at 2:30 p.m. ET.
交易員現在正在等待聯儲局主席傑羅姆·鮑威爾將於美國東部時間下午 2:30 發表的講話。
Read now: April Jobs Report Preview: Bank Of America Anticipates Solid Payrolls Growth, Rising Wage Pressures
立即閱讀： 4月就業報告預覽：美國銀行預計就業人數將穩步增長，工資壓力上升
Federal Reserve illustration created using artificial intelligence via MidJourney.
通過 MidJourney 使用人工智能創作的聯儲局插圖。
譯文內容由第三人軟體翻譯。