Reported 7 months ago
The Federal Reserve (Fed) Federal Open Market Committee (FOMC) meeting in December decided to keep interest rates unchanged, as expected, but the decision-making atmosphere leans towards a 'hawkish' stance without being influenced by the lower-than-expected May inflation data. The key point is the interest rate dot plot, showing officials predict only one rate cut this year, with estimates for long-term 'neutral' interest rates also increasing. Overall, the Fed maintains a cautious attitude of 'prefer to tighten wrong, not loosen too much' due to lingering concerns about declining inflation.
Source: YAHOO