#FOMCMeeting
During its meeting on July 29 and 30, 2025, the Federal Open Market Committee (FOMC) decided to keep interest rates unchanged in a range of 4.25% to 4.5%. This decision marks the fifth consecutive meeting without a rate change.
In its statement, the FOMC acknowledged that economic activity growth has moderated during the first half of the year, but the labor market remains strong. It also noted that inflation remains "somewhat elevated" and that uncertainty regarding economic prospects is still high. The committee is committed to closely monitoring economic data before making further decisions.
The Fed Chair, Jerome Powell, took a position of cautious patience, emphasizing the need to assess the impact of economic data and geopolitical events on inflation and employment.