The Federal Reserve keeps interest rates unchanged for the fourth consecutive meeting, in line with market expectations.🙄
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📊 The Federal Reserve continues to maintain interest rates unchanged
According to Jingchi data released on June 19, the U.S. Federal Reserve decided to keep the benchmark interest rate between 4.25% and 4.50%, unchanged, for the fourth consecutive meeting, which was in line with market expectations.
✅ This decision reflects the Fed's cautious stance in dealing with inflation rates, as it still seeks to achieve economic stability without causing a recession.
📉 Despite the slowdown in inflation in some sectors, indicators of the U.S. economy still show relative resilience in growth and the labor market, prompting the Fed to wait and monitor future data before taking any new steps towards lowering interest rates.
📌 Investors are now awaiting any signals from Fed officials regarding a potential timeline for starting to lower interest rates, especially with rising expectations of at least one cut before the end of the year.