#美联储FOMC会议 **Federal Reserve FOMC Meeting Keeps Interest Rates Unchanged, Suggests Possible Rate Cut This Year**

In June 2024, the Federal Reserve decided to keep the benchmark interest rate unchanged in the range of 5.25%-5.5% during the FOMC meeting, aligning with market expectations. The latest dot plot shows that most officials expect only one rate cut in 2024, down from three predicted in March, reflecting higher-than-expected inflation stickiness. Federal Reserve Chairman Powell emphasized that policy will remain restrictive until inflation consistently falls back to the 2% target. Despite a slowdown in economic growth, the labor market remains robust, but core PCE inflation has stagnated for several months, casting doubt on the path to rate cuts. The market anticipates the first rate cut could occur in September, but if inflation rebounds, further delays are not ruled out.