#FedHODL The Federal Reserve expects to keep the interest rate between 4.25% and 4.50%, in line with market expectations. Fed Chairman Jerome Powell reiterated that while inflation is nearing target, it remains slightly elevated and there is no rush to cut rates.

Key statements from Powell:

⚫ The US economy remains strong, with GDP growth likely to exceed 2% in 2025.

⚫ Labor market conditions are stable, with low unemployment.

⚫ Investments in equipment have declined, but overall market conditions remain stable.

⚫ The Fed's monetary policy is well prepared to deal with risks and uncertainties.

⚫ The Federal Reserve is not following a predetermined course on rate adjustments.

⚫ Powell declined to comment on Donald Trump's statements or any direct communication with the president.

Markets reacted cautiously to the Fed's stance, with no immediate signs of rate cuts despite economic stability.