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#美联储利率决议# Looking back at the past, this Fed interest rate decision is truly thought-provoking. It's the first time in over 30 years that two board members voted against it, which is quite rare. I have witnessed many significant moments over the years, but the disagreement this time is particularly striking.
Look at those two opponents, both appointed by Trump. They believe the current policy is too tight, which is quite an interesting viewpoint. It reminds me of some debates from the late 1980s, when there were also concerns that overly tight policies would stifle economic growth.
However, the 9 to 2 voting result also shows that the majority still supports the status quo. Maintaining the Intrerest Rate unchanged marks the fifth consecutive time. From the statement, they seem to be caught between inflation and employment. On one hand, they say inflation is slightly high, while on the other hand, they are concerned about slowing economic growth.
This cautious attitude reminds me of a period after the 2008 financial crisis. At that time, it was also very careful, fearing that a single wrong decision could trigger a chain reaction. It seems that history always repeats itself in different ways.
For those of us who have experienced multiple economic cycles, this decision is undoubtedly thought-provoking. It may herald a new turning point on the horizon. However, how it will develop specifically remains to be seen. After all, as they say, "the uncertainty of the economic outlook remains high."