🇺🇸 #FOMC Minute Meeting Happened Today‼️

Key takeaways from the minutes👇

↪️ Interest Rate Decision: Rates held steady at 4.25%–4.50%.

↪️ Inflation: Still above 2% target; core PCE at 2.6%; tariffs may push inflation higher in 2025.

↪️ Economic Growth: Q1 GDP contracted slightly due to pre-tariff import surge; private demand remains strong.

↪️ Labor Market: Stable unemployment (4.2%), slower wage growth, labor market seen as balanced but sensitive to policy changes.

↪️ Financial Markets: Treasury yields up, dollar down, volatile equities; market expects up to 3 rate cuts in 2025.

↪️ Business Sentiment: Investment pauses due to tariff uncertainty; small businesses/agriculture most vulnerable.

↪️ Consumer Behavior: Spending strong but sentiment weakening; households remain financially solid.

↪️ Fed Strategy: Reaffirmed 2% inflation target, reviewed policy flexibility, noted risks to both inflation and growth.