The Federal Reserve, under Jerome Powell, held steady the benchmark interest rate, amidst concerns about balancing maximum employment and controlling inflation near the 2% target. The Fed will closely monitor incoming data and evolving outlook while reducing its holdings of Treasury securities.
source https://timesofindia.indiatimes.com/business/international-business/us-federal-reserve-fomc-meet-jerome-powell-donald-trump-monetary-policy-america-central-bank-rate-inflation-tariffs/articleshow/120972001.cms
