Fed keeps interest rates unchanged

The Federal Reserve has decided to keep interest rates unchanged between 3.75% and 4%, as expected by analysts. This decision was not unanimous, with two members voting for a 0.25 percentage point increase. The Fed noted strong economic activity and resilient domestic consumption, despite ongoing geopolitical uncertainties. While productivity growth and capital investment remain robust, inflation continues to be high. The Fed aims to ensure price stability and will adjust its monetary policy as necessary to return to the 2% inflation target. This decision comes just before the midterm elections, which are crucial for President Donald Trump.