#FOMCMeeting Based on the current economic situation and statements from the Federal Reserve (The Fed), it is highly likely that The Fed will maintain the benchmark interest rate at the current level of 5.25% - 5.5%. This decision is made because The Fed is still focused on controlling inflation, which has not yet fully reached the 2% target. U.S. inflation is still above the target but shows signs of slowing down. The Fed is likely to wait for further inflation data before making a decision on interest rate cuts.