聯邦

在宣布這一消息中，加密貨幣市場表明，隨著主要加密貨幣的價格飆升，其樂觀情緒。

The Federal Reserve kept its benchmark interest rate unchanged on Wednesday, but signaled concerns over slower economic growth and sticky inflation pressures.

美聯儲在周三保持其基準利率不變，但表明對經濟增長和粘性通貨膨脹壓力的關注表示關注。

The central bank is holding its benchmark fed funds rate range at 4.25%-4.50%, Slashdot reports. It is also planning to slow the pace of its balance sheet runoff starting in April, adds Benzinga.

Slashdot報導，中央銀行的基準美聯儲資金利率為4.25％-4.50％。 Benzinga補充說，它還計劃減慢其資產負債表徑流的速度。

The institution is reducing its balance sheet by $60 billion per quarter, but that pace will be slowed in the coming months.

該機構每季度將其資產負債表降低600億美元，但在未來幾個月中，該速度將放緩。

The report comes amid a broad market rally that has seen major cryptocurrencies like Bitcoin and Ethereum rise. At the time of press, Bitcoin was up 4% in 24 hours at $84K. Ethereum has also gained 8%, trading at $2,034. Meanwhile, XRP is leading the surge after soaring 10% to $2.47 in the same period.

該報告是在廣泛的市場集會中發布的，該集會已經看到了比特幣和以太坊上升等重大加密貨幣。在新聞發布會時，比特幣在24小時內上漲了4％，$ 84K。以太坊也增加了8％，交易價格為2,034美元。同時，XRP在同一時期飆升10％至2.47美元之後，XRP領先。

Those interested in the Economic Projections of Federal Reserve Board Members and Federal Reserve Bank Presidents can find them here.

那些對美聯儲董事會成員和美聯儲銀行總裁的經濟預測感興趣的人可以在這裡找到。

What Happened

發生了什麼

The institution is slashing its growth expectations, Benzinga notes. Economists at the Federal Reserve now see U.S. GDP growing just 1.7% in 2025, down from the 2.1% forecast in December.

本辛加指出，該機構正在削減其增長期望。美聯儲的經濟學家現在，美國GDP在2025年僅增長1.7％，低於12月的2.1％的預測。

Growth estimates for 2026 and 2027 were also trimmed, signaling a cautious outlook from policymakers. “The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. Uncertainty around the economic outlook has increased, FOMC statement read. “The Committee is attentive to the risks to both sides of its dual mandate.”

還修剪了2026年和2027年的增長估計，這表明了決策者的謹慎前景。 “委員會試圖以2％的延長速度以2％的速度實現最大的就業和通貨膨脹率。弗羅姆（FOMC）聲明說，圍繞經濟前景的不確定性增加了。“委員會專注於對雙重授權的雙方風險。”

Additionally, the institution also announced plans to slow the pace of its balance sheet runoff starting in April, adding another layer of complexity to its monetary policy approach.

此外，該機構還宣布了計劃從4月開始減緩其資產負債表徑流的節奏，這增加了其貨幣政策方法的另一層複雜性。

The Fed’s latest economic projections now see U.S. GDP growing just 1.7% in 2025, lower than the 2.1% forecast in December. The projections for 2026 and 2027 were also revised downward to 1.6% and 1.5%, respectively, from 2.0% and 1.8% previously.

美聯儲的最新經濟預測現在，美國GDP在2025年僅增長1.7％，低於12月的2.1％的預測。 2026年和2027年的預測也分別從前的2.0％和1.8％的人分別向下修訂至1.6％和1.5％。

These projections reflect the broader uncertainty surrounding the U.S. economic recovery. Despite strong employment gains and a rapidly declining unemployment rate, recent macroeconomic data has shown signs of slower growth and persistent inflation.

這些預測反映了圍繞美國經濟復甦的更廣泛的不確定性。儘管就業增長幅度很大，並且失業率迅速下降，但最近的宏觀經濟數據表明，增長和持續通脹的跡象。

What’s Next

接下來是什麼

Despite the economic headwinds, the Fed’s projections suggest policymakers still anticipate ending 2025 with a benchmark interest rate of 3.9%, implying only two rate cuts by year-end. The forecasts for 2026 and 2027 stand at 3.4% and 3.1%, respectively, reinforcing expectations that borrowing costs will remain elevated in the near term.

儘管經濟逆風，美聯儲的預測表明，決策者仍然預計將在2025年結束，基準利率為3.9％，這意味著年終僅降低了兩次利率。 2026年和2027年的預測分別為3.4％和3.1％，增強了對借貸成本在短期內將保持上升的期望。

In December, the central bank forecast inflation at 2.5% for 2025 and GDP growth at 2.1%. Given recent economic data, there is speculation that the Fed may raise its inflation outlook while lowering its growth expectations.

12月，中央銀行預測，2025年的通貨膨脹率為2.5％，GDP增長率為2.1％。鑑於最近的經濟數據，人們猜測美聯儲可能會提高其通貨膨脹前景，同時降低其增長預期。

The FOMC meeting will be pivotal in shaping investor sentiment. For crypto traders, the short-term volatility might be significant, but in the broader context of digital asset markets, it’s business as usual.

FOMC會議將是塑造投資者情緒的關鍵。對於加密交易者而言，短期波動可能很重要，但是在數字資產市場的更廣泛的背景下，它照常業務。