Key points of the Federal Reserve FOMC statement brief.

1. The Federal Reserve announced to maintain the target range for the federal funds rate at 3.5% to 3.75%, in line with market expectations. 2. The Federal Reserve decided to keep interest rates unchanged with a 10-2 vote. Directors Waller and Stephen Milan voted against, advocating for a 25 basis point rate cut. 3. In the post-meeting statement, policymakers stated, "Job growth remains low, and there are signs of stabilization in the unemployment rate." 4. Officials also removed the mention of increasing downside risks to employment that appeared in the previous three statements.