Here is the full text from the Fed's monetary policy statement:Recent indicators suggest that economic activity has continued to expand at a modest pace. Inflation remains elevated. Holding the target range steady at this meeting allows the Committee to assess additional information and its implications for monetary policy. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to adjust the stance of monetary policy as appropriate if risks emerge that could impede the attainment of the Committee's goals.

Source: Mint June 15, 2023 05:52 UTC