US Fed: "Inflation remains somewhat high... Unanimous decision to hold rates"

JH Kim

Summary

The United States Federal Reserve reported that the decision to hold interest rates was made unanimously.
Inflation remains at a somewhat high level, indicating the need for attention to economic indicators.
The unemployment rate is stable, and the labor market is strong.

On the 29th (local time), the United States Federal Reserve (Fed) announced in a statement that "the decision to hold the current interest rate was made unanimously."

The Fed stated, "Payment activities continue to expand at a steady pace," and "the unemployment rate is stable, and the labor market remains strong. However, inflation remains somewhat high."