Fed holds interest rates but keeps door open to a cut in coming months

The Federal Reserve has decided to maintain its current interest rates, opting not to raise or lower them in the immediate term. However, they have also indicated that they are open to the possibility of reducing these rates in the coming months. This decision will likely be influenced by ongoing economic trends and indicators. The Federal Reserve uses interest rates to help manage inflation and stabilize the economy, so any potential change would be made with these goals in mind.