(Finance) – La Federal Reserve has decided to maintain The objective interval for the interest rate unchanged at 4.25%-4.5%, as widely expected by the market. The decision was made after three consecutive cuts from September 2024, for a value of an entire percentage point.
Recent indicators suggest that “economic activity has continued to expand at a supported pace – reads the statement – the unemployment rate has stabilized at a low level in recent months and the conditions of the labor market remain solid. Theinflation remains rather high“.
The Federal Open Market Committee (FOMC) – the committee that decides on monetary policy – believes that i risks To achieve its employment and inflation objectives are “more or less in balance“. The economic perspectives are” uncertain “and the committee is attentive to the risks for both parts of its double mandate.
In considering the extent and timing of further adjustments to the objective interval for rates, the Ripete Committee that will carefully evaluate the arrival data, the evolving prospects and the balance of risks. The Committee will also continue to reduce its participations in Treasury securities and debt securities and securities guaranteed by the mortgage of the agencies. The Committee is said “strongly committed to supporting the highest level of employment and to report the inflation to its 2 percent goal “.
The Committee is said “Pto adapt the position monetary policy as appropriate if risks emerge that could prevent the achievement of the objectives “, with the evaluations that will take into account a wide range of information, including readings on the conditions of the labor market, inflationary pressures and inflation expectations, and developments financial and international.