The US Federal Reserve fixed interest rates at 5.5% without change, as all investors and financial institutions expected.
Federal Reserve officials decided on Wednesday to keep short-term interest rates steady, but noted that inflation is nearing the target, which could open the door to future interest rate cuts.
Central bankers have given no clear signals that a rate cut is imminent, opting to maintain language referring to ongoing concerns about economic conditions, while progressing. They also stressed the need to achieve further progress before interest rates could be lowered.