What to expect from the Federal Reserve monetary policy statement
The Federal Open Market Committee will release its monetary policy statement today, maintaining the federal funds target range at 3.50%–3.75%. The committee is cautious about inflation and will limit any additional interest rate cuts this year. It is closely monitoring the impact of recent supply shocks on the economy and the labor market.
- ▪The Federal Reserve is keeping the federal funds target range unchanged at 3.50%–3.75%.
- ▪The committee is concerned about inflation remaining above the 2% target due to multiple supply shocks.
- ▪Wage inflation will be a key metric as the committee assesses the impact of high energy prices on consumption.
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| Original publisher | Washington Examiner |
| Canonical URL | https://www.washingtonexaminer.com/opinion/4546119/what-to-expect-federal-reserve-monetary-policy-statement/ |
| Publication time | Wed, 29 Apr 2026 10:00:00 +0000 |
| Retrieval time | 2026-04-29T10:11:16.183Z |
| Last seen | 2026-04-29T10:11:16.183Z |
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Opening excerpt (first ~120 words) tap to expand
At 2 p.m., the Federal Open Market Committee of the Federal Reserve Board will release its statement on monetary policy. The committee will keep the federal funds target range unchanged at 3.50%–3.75%. The fed funds rate is a key interest rate tool of the committee. Further, the committee will continue to signal that additional interest rate cuts will be limited to at most one additional cut this year. It will also emphasize that it requires “greater confidence” that inflation is moving toward the Federal Reserve’s 2% inflation target. The FOMC will state that it is watching closely how the United States economy reacts to its fourth supply shock in five years.
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