#FOMCMeeting The Federal Open Market Committee (FOMC) met today, maintaining interest rates at current levels amid ongoing concerns about inflation. While recent data shows some cooling, officials emphasized the need for more consistent progress toward the 2% inflation target before considering rate cuts. The committee signaled a cautious approach, noting economic resilience but acknowledging risks to growth. Investors were watching closely for clues on future monetary policy, with markets reacting modestly. The Fed reaffirmed its commitment to data-driven decisions, leaving the door open for potential adjustments later this year if inflation continues to ease. The next FOMC meeting is in July.