#FOMCMeeting

U.S. Federal Reserve Meeting (FOMC)

Today

Expected Decision:

No change in interest rate

(staying between 4.25% and 4.50%)

Reason:

Inflation is still high

The U.S. economy has started to weaken (decline in GDP)

What does this mean?

No major changes in the markets right now

Possibility of interest rate cut in the summer