Federal Reserve: Will weigh data when considering future monetary policy adjustments, and the Federal Reserve is firmly committed to achieving the 2% inflation target."
According to online reports, the Federal Reserve's semi-annual monetary policy report stated that the Federal Reserve will weigh data when considering future monetary policy adjustments. The Federal Reserve is firmly committed to achieving the 2% inflation target; inflation expectations seem to be "generally consistent" with the Federal Reserve's 2% inflation target. The U.S. financial situation still appears to be somewhat tight, and the U.S. financial system remains "sound and resilient."
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