The Federal Reserve announced to maintain interest rates unchanged. International financial institutions predict that the Federal Reserve may only cut interest rates once this year.

The Federal Reserve concluded its two-day monetary policy meeting, announcing that it would keep the target range for the federal funds rate unchanged at 3.5% to 3.75%. This interest rate decision met market expectations. Market observers believe that the current US-Iran conflict has pushed up international oil prices and intensified inflation worries, forcing the Federal Reserve to maintain a cautious stance on future monetary policy. In addition, recent data shows conflicting signals in the US labor market, but the economic fundamentals remain solid, raising the threshold for further interest rate cuts. Several international financial institutions have adjusted their expectations, delaying the first rate cut by the Federal Reserve from June to September or October, and predicting only one rate cut this year.