#FOMCMeeting The Federal Reserve System of the USA, following the results of the June meeting, kept the key rate at 5.25–5.50%. The decision met market expectations. Comments from Chairman Jerome Powell indicate a cautious approach: the regulator wants more confidence in the slowdown of inflation before lowering the rate.

The Fed has reduced its forecast for the number of rate cuts in 2024 from three to one. The economy remains resilient, and the labor market is strong. However, inflation is still above the target level of 2%.

📊 Investors are revising their expectations: markets are now pricing in the first rate cut no earlier than autumn. Attention is shifting to the economic data of the coming months.