⚠️🚨 The Fed did not change the interest rate:
FACT: 5.50%
FORECAST: 5.50%
PREVIOUS VALUE: 5.50%
❗️ COVER LETTER FRS
- The economy continues to grow at a stable pace.
- The labor market remains strong and unemployment remains low.
- The Fed predicts one interest rate cut this year.
- Inflation has decreased over the past year, but is still high.
- In recent months, there has been some progress in the fight against inflation.
- At this stage, a rate reduction is not required.
- The Fed will continue to monitor the impact of incoming economic data on the economic outlook.
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