Institution: The Federal Reserve (FED) will continue to follow the data, emphasizing uncertainty.

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[Institution: The Federal Reserve (FED) will continue to follow data, emphasizing uncertainty] Analysts Birgit Henseler and Christian Reicherter from the German Central Cooperative Bank stated that the Federal Reserve (FED) will continue to follow economic data on Wednesday, maintaining the federal funds target interest rate range at 4.25%-4.50%. Given the strong economic data, the persistently declining yet still unconvincing low price pressures, and the potential inflation risks brought by tariffs, the Federal Reserve (FED) will continue to pay attention to these data. The Federal Reserve (FED) will take a wait-and-see approach to better understand how Trump's economic policies affect inflation and the labor market.

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