🚨US Central Bank (Fed):

•Our progress towards the 2% target has slowed down in recent months.

•The interest rate decision was taken unanimously.

•Inflation fell over the past year but remained high.

•Economic activity continues to expand robustly. The increase in employment is strong and the unemployment rate is low.

•A rate cut does not seem appropriate until there is greater confidence that inflation is sustainably moving towards 2%.

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