FOMC WATCHING: FED HOLDS RATES STEADY 🇺🇸

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The Federal Reserve has officially voted 9-3 to keep interest rates benchmarked at 3.50%–3.75%, marking its fifth consecutive pause.

📌 Policy Decision: Rates held steady, though three FOMC members dissented in favor of a 25 bps rate hike..

📌 Market Drivers: Persistent inflation and rising energy prices from Middle East geopolitical tensions continue to weigh heavily on Fed sentiment.

📌 Outlook: Wall Street traders are closely watching Chair Kevin Warsh’s commentary for signals on potential rate hikes later this year.

#FOMCWatching