Analysts: The Federal Reserve cut interest rates as scheduled, indicating independence and concern for two-way risks in the labor market."
According to online reports, Thomas Hayes, chairman of Great Hill Capital, said that the key to the Federal Reserve's interest rate decision is that despite the poor election results, they still acted in accordance with market expectations. Because if they retract their expectations of cutting interest rates, they will be considered politically influenced. So what they are basically saying is, first, they are a non-political organization and they will do as planned; and second, they fully recognize the dual risks associated with the labor market and continuing to move towards neutral rates will reduce the risk of a labor market collapse."
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