The Federal Reserve holds firm, economic and inflation expectations are now at risk of stagnation.

According to the Securities Times APP, the Federal Reserve decided to maintain the target range for the federal funds rate at 4.25% to 4.5% at its interest rate meeting on Wednesday (June), in line with the market's widespread expectations. This is also the sixth consecutive time that the rate has been kept unchanged since December last year. Despite the Federal Reserve pointing out the risks of future inflation and slowing economic growth, the committee still maintains the expectation of "two rate cuts within the year".