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Recently, former Federal Reserve Board of Governors member Larry Meyer interpreted the results of the Fed's latest interest rate meeting. Meyer believes that Fed Chairman Powell's remarks suggest that if the current economic situation remains stable, especially if the labor market does not show significant deterioration, the Federal Open Market Committee (FOMC) is likely to keep interest rates unchanged at the September meeting.
However, Meyer also pointed out that Powell did not completely rule out the possibility of future interest rate cuts. If future economic data and outlook developments show sufficient reason for a rate cut, the FOMC will consider taking corresponding action.
This interpretation reflects the Fed's cautious attitude in the current economic environment. On one hand, the Fed hopes to control inflation by maintaining stable interest rates; on the other hand, it also reserves policy space for potential economic downturn risks.
Analysts generally believe that this stance of the Federal Reserve Board of Governors reflects confidence in the current economic conditions while also showing vigilance towards future uncertainties. In the coming months, the market will closely monitor changes in various economic indicators to anticipate the Fed's next moves.