The full statement from the Federal Reserve April FOMC meeting
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The Federal Reserve's April FOMC meeting statement indicates solid economic expansion, with low job gains and stable unemployment. Inflation remains high, partly due to rising global energy prices. The Fed maintains the federal funds rate target range at 3.5% to 3.75%, emphasizing its commitment to maximum employment and a 2% inflation goal. The Committee will assess incoming data and risks to adjust monetary policy as needed. Voting members included Jerome H. Powell and others, with some dissenting on the rate decision.
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