THE Federal Reserve (Fed) On Wednesday (29), the US benchmark interest rate remained in the range between 3.50% and 3.75% per year, a decision widely expected by the market. This is the fifth consecutive meeting in which the Federal Open Market Committee (FOMC) The committee opted not to change the interest rate, which remains at the level set in January. The current rate is 0.75 percentage points below that recorded in June 2025. The decision, however, was not unanimous. The committee approved maintaining the rate by a vote of 9 to 3, with dissenters advocating for a 0.25 percentage point increase. In the statement released after the meeting, the FOMC He assessed that the U.S. economy continues to perform solidly, although it continues to face an environment of high uncertainty. "Economic activity is expanding at a solid pace despite the high uncertainty stemming, in part, from the conflict in the Middle East. Productivity growth and capital investment are strong. Job creation has kept pace with the evolution of the labor force, and the unemployment rate has shown little variation. Inflation remains elevated relative to the Committee's 2% target, reflecting, in part, supply shocks that have driven price increases in certain sectors, including energy. The Committee will ensure price stability," he stated. FedIn a little while, at 3:30 PM, the president of FedKevin Warsh will hold a press conference to provide further clarification on the decision and likely signals regarding the institution's next steps in conducting US monetary policy.
This text was translated by machine from Brazilian Portuguese.