Federal Reserve Holds Rates, Hints at Possible Rate Cuts

The Federal Reserve remains cautious, maintaining its current target range of 4.25%–4.5% for the federal funds rate amidst ongoing economic uncertainty. While no immediate changes are planned, the Fed suggests a potential shift to more accommodative monetary policy by year-end, depending on key indicators like inflation and employment growth. The decision reflects their commitment to price stability as defined in their dual mandate. !