Full text of the Federal Reserve's decision: Maintaining interest rates unchanged, focusing on dual mandate risks

The full text of the Federal Reserve's decision stated that it will maintain interest rates unchanged and focus on inflation and employment risks. Economic activity in the United States is stable and growing, with employment growth slowing but still at low levels, and inflation easing but still relatively high. The committee decided to keep the federal funds rate target range at 5.25%-5.50%. The committee will continue to reduce bond holdings and is committed to restoring inflation to the 2% target. The committee will assess the monetary policy stance based on new information to achieve its goals. Many members of the committee supported this monetary policy action