The Federal Open Market Committee (FOMC) statement from the US Federal Reserve: Interest rates will not be lowered until there is more confidence that inflation is nearing 2%.

According to BlockBeats news on February 1st, based on the life indicator of the Federal Open Market Committee (FOMC), Fed officials believe that the target risk is "trending towards a better balance" and they will not cut interest rates before they are more confident that inflation is approaching 2%. The Fed will consider making "any adjustments" to interest rates and reiterated that inflation has eased somewhat over the past year but remains stubbornly high. (Jinshi)

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