US Federal Reserve Meeting Update: FOMC Maintains Interest Rates, Acknowledges Robust Economic Growth, Steady Job Market, and Persistent Inflation. In its latest decision, the Federal Open Market Committee (FOMC) has chosen to keep interest rates unchanged. The committee took into account recent economic indicators, which point to a consistent expansion of economic activity at a robust pace. The Committee remains steadfast in its pursuit of two key objectives: achieving maximum employment and maintaining inflation at a sustainable rate of 2 percent over the long term.