The Federal Open Market Committee has decided to keep the federal funds rate target range unchanged at 3.5% to 3.75% to support its dual mandate, while emphasizing the importance of maintaining ample reserves in the banking system. Economic activity is growing steadily, although inflation remains above the 2% target due to supply shocks in certain sectors.
| Policy Rate | 3.62% |
| EUR/USD | 1.1525 |
| GDP Growth | 1.8% |
| M2 Growth | -1.2% |
| 10Y Yield | 4.55% |
| 2y10y Spread | +0.42% |
| Credit Spread | 0.43% |
Top traded commodities for United States
| Commodity | Price | 1D | 30D |
|---|---|---|---|
| WTI Crude Oil | 79.20 USD/barrel | +9.3% | -14.5% |
| Natural Gas (Henry Hub) | 2.83 USD/MMBtu | +3.7% | -6.9% |
| Copper | 13,552.04 USD/mt | +0.3% | +61.2% |