The U.S. economy continues to show strong growth, low unemployment, and a stable labor market. - However, inflation remains higher than the target (2%). - Therefore, the Fed decides to maintain the base interest rate at the current level of 4.25% ~ 4.50%. - Further adjustments in the future will be carefully considered, based on economic indicators, prospects, and risk balance. - Asset reduction (quantitative tightening) continues, maintaining the reduction of government bonds and MBS within a certain limit each month. - According to the Medium forecast of the FOMC, the interest rate in 2026 will be 3.6% | The interest rate in 2027 will be 3.4%. 📉 Although inflation remains high, the Fed will not increase interest rates in the near future and will continue to monitor as economic uncertainty has decreased and the employment situation remains stable.