#PowellRemarks

The Federal Reserve System of the United States (Fed), performing the functions of the country's central bank, at the end of a two-day meeting on June 17-18, kept the interest rate at 4.25-4.5% per annum. This is stated in the regulator's press release. At the previous meeting in May, the Fed also kept the rate unchanged.

The regulator noted that, despite fluctuations in net export indicators, recent data suggests that economic activity in the U.S. continues to grow at a steady pace. The unemployment rate remains low, and the labor market situation is stable, while inflation remains somewhat elevated.

The Fed aims to achieve maximum employment in the country and an inflation rate of 2% in the long term, as stated in the regulator's message. Uncertainty regarding the economic outlook for the U.S. has decreased but remains elevated.

Going forward, the regulator will continue to monitor the impact of incoming information on economic prospects and will be ready to adjust monetary policy in case risks arise that could hinder the achievement of the Fed's goals.