🚨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%.