Prices unchanged, Powell emphasizes inflation and unemployment risks

The federal reserve maintained its reference interest rate unchanged to 4.25% to 4.50%, referring to a constant economic expansion, low unemployment and persistent inflation.

The Open Market Federal Committee also confirmed its commitment to reducing his balance sheet, continuing to tremble treasury securities and mortgage funds.

“Recent indicators suggest that economic activity continued to spread in a solid tempo,” Fed said In his statement, notice that the labor market remains strong and inflation remains “a bit elevated”.

However, the Committee marked increasing uncertainty in economic appearance and said the risks and higher inflation and greater unemployment increased.

Bitcoin (Btc) She showed an injection about the announcement time and was traded a little over $ 96,000.

Future rates to be determined

While Hed did not signal an emergency bump or cut, he emphasized that future adapts of interest rates will depend on incoming data and developing risks.

The Chairman of Fed Powell said that the appearance of inflation is improving, but tariff impacts are uncertain and Fed will quickly act if the timing remains unclear. Powell said that the Fed to see the encouragement of inflation trends will find out more about tariffs over time and is ready to act quickly if necessary, although the time frame remains uncertain.

The Central Bank repeated its long-term goals of maximum employment and 2% inflation, adding that it is ready to change the policy if new risks threaten those goals.

At its Martor, Fed has already announced a slowing strategy for reducing a treasury of a $ 5 billion, and retention for mortgage mortgage caps to 35 billion dollars.

All members of the Voting Committee supported the decision, and Neel Kaqaqara participates as an alternative.