#FOMCMeeting
The latest FOMC meeting concluded with the Federal Reserve holding interest rates steady, maintaining the benchmark rate between 5.25% and 5.50%. While inflation remains elevated, Fed Chair Jerome Powell emphasized a data-driven approach, suggesting that future rate cuts will be gradual and conditional on continued economic softening. The Fed’s updated dot plot revealed expectations for just one rate cut in 2025, down from earlier projections. Markets responded with mixed reactions—stocks remained volatile, while the dollar strengthened. Investors are now closely watching upcoming inflation reports and job data to gauge the Fed's next move. Caution dominates as monetary policy remains tight. #FOMCMeeting $SPK