#FOMCMeeting

#FOMCMeeting

The FOMC (Federal Open Market Committee) meeting is a key event where the American Federal Reserve assesses the economic situation and decides on the direction of monetary policy, particularly interest rates. During the last meeting, the FOMC kept its benchmark rates unchanged, while signaling that it remained vigilant in the face of persistent inflation. Members acknowledged moderate progress towards the 2% inflation target but emphasized that further rate cuts would only be considered if economic data warranted it. This cautious stance aims to support growth while containing inflationary pressures, and markets remain attentive to future decisions from the Fed.