The Federal Reserve FOMC meeting maintained the benchmark interest rate in the 5.25%-5.50% range, in line with market expectations. The statement reaffirmed that inflation remains elevated and restrictive policies need to be maintained; it also confirmed that employment is robust and the economy is experiencing moderate expansion. Powell stated that subsequent decisions will depend on data and did not rule out the possibility of further rate hikes. Market expectations for a rate cut within the year have cooled, U.S. Treasury yields rose, and the dollar index strengthened. This decision highlights the commitment to controlling inflation, with policy flexibility becoming a key focus.