#FOMCMeeting The Federal Reserve

kept interest rates unchanged, as the market expected. However, the tone of the statement was more cautious: only one or two reductions are expected this year, instead of three as previously estimated. Jerome Powell reaffirmed that "more evidence" is still needed that inflation is decreasing sustainably. This caused movements in the markets: the dollar strengthened and gold slightly declined. Investors are now adjusting their expectations for September. Will the Fed wait for more signals before acting?