#FOMCMeeting
✅ FOMC Policy Decision and Key Details
The Federal Reserve left the federal funds rate unchanged at 4.25%–4.50%, maintaining a tight monetary stance for the fifth consecutive meeting since December 2024 .
The FOMC statement described the economy as growing moderately, with labor market conditions solid, though inflation remains “somewhat elevated.” Uncertainty about the outlook is higher, and the Fed will continue tapering its balance sheet holdings gradually .
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🧑⚖️ Dissent and Internal Debate
Governors Michelle Bowman and Christopher Waller dissented, marking the first dual dissent since 1993—they both supported a 25 basis point rate cut at this meeting .
Their rationale: the U.S. job market is weakening, economic growth is slowing, and tariff-driven inflation is likely temporary—suggesting a move toward a more neutral policy stance is warranted .