Fed Maintains Interest Rate at 3.50% to 3.75%, States Economic Activity Expanding at a Solid Pace

Odaily Planet Daily News: Paradis Labs posted on platform X that the Federal Reserve has decided to maintain interest rates at 3.50% to 3.75%. Key points include: inflation remains elevated due to rising prices in certain sectors such as energy; economic activity continues to expand at a solid pace amid heightened uncertainty driven by factors including the Middle East conflict; productivity growth and capital investment remain robust; employment growth has kept pace with labor force growth, with the unemployment rate showing little change.