#FOMCMeeting

The Federal Open Market Committee (FOMC) recently held its scheduled meeting to review U.S. economic conditions and adjust monetary policy. As expected, the committee decided to keep interest rates unchanged, maintaining the federal funds rate in the range of 5.25% to 5.50%.

The FOMC acknowledged that while inflation has eased compared to its peak, it remains above the 2% target. The committee emphasized the need for more consistent data showing inflation moving sustainably downward before considering rate cuts. Labor market conditions remain strong, and consumer spending is steady, supporting the case for holding current policy.

Markets reacted cautiously, with investors watching for signals about future rate decisions. The next FOMC meeting will be closely watched for any signs of a policy shift depending on inflation and job data.