The US central bank has left its key interest rate unchanged again, while it looks for more evidence that inflation is coming under control.
The decision kept the target range for the Federal Reserve's influential rate in the range of 5.25%-5.5%, the highest in more than two decades.
The Fed is debating whether higher borrowing costs have done enough to ease the pressures pushing up prices.
Officials said they still expected to cut rates by the end of the year.
But after raising borrowing costs aggressively in response to soaring prices in 2022, the bank is proceeding cautiously.