Economist: Federal Reserve will keep interest rates unchanged and wait for changes in employment and inflation

Economist Roger Ferguson, former vice chairman of the Federal Reserve, said that the labor market is currently generally stable, but inflation remains at a high level of 3%, and a lot of work still needs to be done. He expected the Fed to hold back for the time being and observe the development of the situation. Goldman Sachs Group economist David Merrick also expects a statement after the Fed meeting to acknowledge the improving job market and rising inflation, but policy guidance will remain unchanged, with a majority expected to support keeping interest rates unchanged.