Federal Reserve FOMC statement: Confidence in inflation has increased and is continuing to move towards 2%

The US Federal Reserve's interest rate decision (upper limit) as of September 18 is 5%, expected to be 5.25%, and the previous value is 5.50%. The Fed's dot plot shows that the median forecast for the federal funds rate at the end of 2024 is 4.4%, compared with 5.1% previously. The Fed cut interest rates for the first time, and spot gold rose by nearly $20 in the short term, while the US dollar index DXY fell by 40 points in the short term. The Federal Reserve FOMC statement: The risks facing employment and inflation targets are in balance. (Jinshi)