Fed Maintains Rates Amid Strong Labor Market and Inflation
Federal Reserve opts to hold rates at 4.25%-4.5% due to strong labor market and persistent inflation. Cautious approach to future rate cuts planned.
The Federal Reserve is expected to keep the policy rate in the current range of 4.25% to 4.5% at the next meeting. Further rate cuts will be approached cautiously due to resilient labor market and sticky inflation.