#FOMCMeeting

**#FOMCMeeting: Key Takeaways from the Latest Fed Decision**

The Federal Reserve held interest rates steady at the latest #FOMCMeeting, maintaining the target range at 5.25%-5.50%. While inflation has eased slightly, policymakers signaled caution, emphasizing the need for more data before cutting rates. The updated dot plot suggested fewer rate cuts in 2024 than previously expected, reflecting a "higher for longer" stance. Chair Powell reiterated the Fed’s data-dependent approach, noting progress on inflation but stressing that risks remain. Markets reacted with slight volatility as investors adjusted expectations. The Fed’s cautious tone underscores its commitment to taming inflation without derailing economic growth. #FederalReserve #Economy #InterestRates