#FOMCMeeting
📉 All eyes were on today’s #FOMCMeeting as the Federal Reserve held rates steady, signaling only one cut likely in 2024—down from three projected in March. Inflation remains sticky, and while job growth stays solid, the Fed is treading carefully.
🔍 Key takeaways:
Rates unchanged: Fed funds rate remains at 5.25%–5.50%.
2024 outlook: Only 1 cut expected.
2025 projection: 4 cuts possible.
Inflation: Slightly improved, but not enough.
Jerome Powell emphasized a data-dependent approach—no rush to cut until the Fed sees more convincing disinflation.
Markets reacted with cautious optimism 📊 as investors recalibrate their rate expectations. Stay tuned: the road to easing just got longer. #Fed #InterestRates #Economy