#FOMCMeeting The Federal Reserve has kept the interest rate unchanged, maintaining a range of 5.25% – 5.50%. Although inflation remains above the target level of 2%, the Fed noted that economic activity continues to grow at a moderate pace, and the labor market situation is resilient.
💬 Comment from Fed Chair Jerome Powell:
"We are prepared to act if compelling evidence of accelerating inflation or weakening economy emerges. But for now, our approach is wait-and-see."
📉 What this means for the market:
Stocks: volatility remains high, investors are closely watching macro data.
Bonds: yields on long-term bonds have decreased slightly.
Dollar: moderate reaction, with no significant changes.