#FOMCMeeting The recent FOMC meeting held markets in suspense as investors eagerly awaited guidance on future interest rate policy. The Federal Reserve decided to keep rates unchanged, signaling a cautious approach amid persistent inflation and mixed economic indicators. While inflation has cooled compared to last year, it remains above the Fed's 2% target. Fed Chair Jerome Powell emphasized the need for more confidence before initiating rate cuts, pointing to resilient consumer spending and a strong labor market. Markets reacted with volatility, pricing in fewer rate cuts for the remainder of the year. The Fed also reiterated its data-dependent strategy, closely monitoring inflation trends and economic performance. As a result, traders and analysts are now focused on upcoming inflation reports and employment data for clues on the Fed’s next move.