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2025-07-31 02:20:16
The Fed's statement retains no changes to its inflation language. The Fed's inflation language has remained unchanged since its June meeting. The phrase "inflation remains somewhat elevated" remains unchanged. This statement suggests that as trade policy uncertainty continues to simmer, Fed policymakers remain vigilant to the risk of a reacceleration of prices and the fact that inflation has yet to definitively return to the central bank's 2% target.
