Here are the most prominent points from the
#الفدرالي American statement after the interest rate hike:
📍 The Federal Open Market Committee voted 10-2 to keep the
#الفائدة benchmark rate within the target range of 3.5% to 3.75%.
📍 Both Federal Reserve Board members, Christopher Waller and Stephen Miran, opposed the decision; they preferred a quarter-point rate cut.
📍 The Federal Reserve removed from its statement the phrase indicating that "the downside risks to employment have increased in recent months."
📍 It upgraded its assessment of the economy, noting that available indicators sugge