The Fed keeps US interest rates between 3.50% and 3.75% per year.

THE Federal Open Market Committee (FOMC)of Federal Reserve (Fed)The Federal Reserve, on Wednesday (17), maintained the basic interest rate in the United States in the range between 3.50% and 3.75% per year. This was the fourth consecutive meeting in which the authority did not change the rate, keeping it at the level established in January of this year. The current level is 0.75 percentage points below that observed in June 2025. The decision was already widely expected by the market and was unanimous among the voting members (12 votes to 0), unlike the last ones, when there were disagreements.

In a statement, the FOMC said that economic activity is expanding at a solid pace, despite high uncertainty due in part to the conflict in the Middle East.

"Productivity growth and capital investment are strong. Job creation has kept pace with labor force growth, 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," he said.

In 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 will be Warsh's first speech as Fed chairman following the decision. FOMC He assumed office on May 22, succeeding Jerome Powell. The next meeting of FOMC It will be on July 28th and 29th.

This text was translated by machine from Brazilian Portuguese.