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Institution: The Federal Reserve (FED) will continue to follow the data, emphasizing uncertainty.
Gate News bot news, analysts Birgit Henseler and Christian Reicherter from the German Central Cooperative Bank stated that the Federal Reserve will continue to follow economic data on Wednesday and maintain the federal funds target interest rate range at 4.25%-4.50%.
Given the strong economic data, the continuously declining but still unconvincing low price pressures, and the potential inflation risks brought by tariffs, the Federal Reserve will continue to follow this data. The Federal Reserve will maintain a wait-and-see attitude to better understand how Trump's economic policies affect inflation and the labor market.
Source: Jin10