Yonhap Infomax NewsFederal Reserve signals caution at March FOMC meeting, stating Middle East developments' impact on U.S. economy remains uncertain while maintaining attention to dual mandate risks. Statement revises unemployment language and shows 11-1 vote for rate hold, with Governor Miran dissenting for a cut.
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Key Changes in March FOMC Statement From Previous Meeting
Federal Reserve signals caution at March FOMC meeting, stating Middle East developments' impact on U.S. economy remains uncertain while maintaining attention to dual mandate risks. Statement revises unemployment language and shows 11-1 vote for rate hold, with Governor Miran dissenting for a cut.