🏦The Federal Reserve has kept interest rates steady for the fourth consecutive meeting.
📈Fed Chair Jerome Powell believes that the economy is doing well, with strong growth and a strong labor market.
✂️A rate cut in March is unlikely, but it may happen in May or June.
📉The pace of rate cuts will start quickly and then slow down as the economy shows sustained progress towards the 2% inflation target.
⚖️The Fed aims to maintain a cautious approach and avoid being too restrictive for too long.