The FOMC decided to maintain the benchmark interest rate between 4.25% and 4.5%, revising its economic outlook to reflect slower growth and higher inflation. Despite this downgrade, the Fed's dot plot suggests two rate cuts this year. Economic uncertainties and recession fears have led to market volatility, but Wall Street rebounded following the Fed's dovish stance. Analysts warn that the equity rally may be short-lived due to ongoing economic risks. Teljes cikk (Euronews.com)