Fed FOMC statement: rates unchanged, inflation still above target
Fed FOMC statement: rates unchanged, inflation still above target
The Federal Open Market Committee voted 12-0 to approve the latest statement.
To support the Fed's dual mandate, the Committee decided to maintain the target range for the federal funds rate at 3.5% to 3.75% and reaffirmed its policy of maintaining ample reserves in the banking system.
Despite some degree of uncertainty, partly due to the Middle East conflict, economic activity continues to expand at a solid pace. Productivity growth and capital investment are strong, job gains remain in line with labor force growth, and the unemployment rate has moved little.
Inflation remains above the Committee's 2% objective, partly driven by supply shocks pushing up prices in some sectors, including energy. The Committee is committed to achieving price stability.
The content on this website is for learning and exchange purposes only. It does not provide financial services such as account opening, capital allocation, discretionary asset management, or insider trading. Do not trust any private messages within the site that recommend stocks or lead trading operations.
AI Paper Wealth Surges in US Earnings Season: OpenAI and Anthropic Equity Gains Inflate Profits, Wall Street Turns to Scrutinizing Cash Flow
2026-08-07
Supermicro's stunning earnings report impresses Wall Street, AI server demand ignites US data center sector
2026-08-05
AMD Earnings Beat Expectations Ignite AI Chip Rally, U.S. Tech Stocks Gain Momentum
2026-07-28
