The Federal Reserve’s (Fed) statement today
Interest rates will remain unchanged in the range of 5.00% to 5.25%.
Economic activity is expanding at a solid pace.
Job gains have remained strong, and the unemployment rate is low.
Inflation remains elevated but has eased over the past year.
The Committee seeks to achieve maximum employment and inflation at 2% over the longer run.
Future policy changes will be evaluated based on incoming data and the evolving economic outlook.
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