The full statement from the FOMC rate decision on March 20, 2024 ...Middle East

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March 20, 2024Federal Reserve issues FOMC statementFor release at 2:00 p.m. EDTShareRecent indicators suggest that economic activity has been expanding at a solid pace. Job gains have remained strong, and the unemployment rate has remained low. Inflation has eased over the past year but remains elevated.The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are moving into better balance. The economic outlook is uncertain, and the Committee remains highly attentive to inflation risks.In support of its goals, the Committee decided to maintain the target ra

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