Wu Shuo learns that the Federal Open Market Committee (FOMC) of the Federal Reserve has decided to keep the federal funds rate target range unchanged at 3.50%-3.75% with a 12:0 vote. The statement states that despite increased uncertainty due to factors such as the Middle East conflict, the U.S. economy continues to expand steadily, with strong productivity growth and capital investment performance, employment growth roughly matching the labor force size, and little change in the unemployment rate.

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