The Federal Reserve FOMC meeting kept the benchmark interest rate unchanged within the 5.25%-5.50% range, in line with market expectations. The statement reiterated that inflation remains elevated and that restrictive policies need to be maintained; it also affirmed robust employment and moderate economic growth. Powell stated that future decisions depend on data and did not rule out the possibility of further rate hikes. Market expectations for rate cuts this year have cooled, U.S. Treasury yields rose, and the US dollar index strengthened. This decision highlights the commitment to controlling inflation, with policy flexibility becoming a key focus.