00:00Our monetary policy actions are guided by our dual mandate to promote maximum employment.
00:05And stable prices for the American people.
00:08At today's meeting, the Congress of the United States
00:10Committee decided to maintain the target range for the federal funds rate at three and a half to three and three quarters.
00:15Since last September, we have lowered our policy rate 75 basis.
00:20Points are three quarters of a percentage point, bringing it within a range of plausible estimates of.
00:25This normalization of our policy stance should help stabilize the.
00:30Labor market while allowing inflation to resume its downward trend toward two percent.
00:35Once the effects of tariff increases have passed through, we are well positioned to.
00:40Determine the extent and timing of additional adjustments to our policy rate.
00:45Based on the incoming data, the evolving outlook, and the balance of risks.
00:50Monetary policy is not on a preset course, and we will make our decisions on a meeting.
00:55They may have an effort on a meeting by meeting basis.
00:56Chairman Scott G� خ ă i ə ə ə əh a və ə ə mə ə ə məə ə əq
01:00ə ə ə ə və əə ə əh ə thă áh!
01:01Réan d falei
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