Federal Reserve FOMC statement: Confidence in inflation has increased and is continuing to move towards 2%
According to Odaily, the US Federal Reserve's interest rate decision (upper limit) as of September 18 is 5%, expected to be 5.25%, and the previous value was 5.50%. The Fed's dot plot shows that the expected federal funds rate at the end of 2024 is 4.4%, previously 5.1%. The Federal Reserve's first rate cut has led to a short-term rise of nearly $20 in spot gold, and the US dollar index DXY has fallen by 40 points in the short term. The FOMC statement of the Federal Reserve: the risks to the employment and inflation targets are balanced.
