U.S. Federal Reserve keeps benchmark interest rate at 3.5%-3.75%

What did the Fed say about the U.S. economy?

It said economic activity has been expanding at a solid pace, while job gains have remained low, unemployment has changed little, and inflation remains somewhat elevated Board of Governors … Star .

Why did the Fed mention the Middle East?

The Fed said uncertainty about the economic outlook remains elevated and that the implications of developments in the Middle East for the U.S. economy are uncertain Board of Governors … O Povo.

Did the Fed signal when it might cut rates next?

The sources provided do not give a specific date for the next rate cut; they only say the Fed will assess incoming data, the evolving outlook, and the balance of risks before making further adjustments Board of Governors … Mortgage News Daily.