Federal Reserve Maintains Interest Rate Amid Solid Economic Growth

The US Federal Open Market Committee (FOMC) announced on June 18, 2025, that it will maintain the federal funds rate target range at 4.25% to 4.5%, citing continued solid economic expansion and low unemployment despite somewhat elevated inflation. The Committee reaffirmed its commitment to achieving maximum employment and returning inflation to its 2% target, while remaining vigilant to risks that could affect its dual mandate. The FOMC will continue reducing its holdings of Treasury and agency securities and will carefully monitor incoming economic data to determine any future monetary policy adjustments. In Germany, the media landscape is undergoing significant digital transformation with increased competition between public and private broadcasters amid political upheaval following early elections in February 2025. The conservative party won the election, with the far-right AfD rising to second place, a development that drew notable attention due to US billionaire Elon Musk's public support for the AfD during the campaign. Additionally, German newspapers continue to see a decline in print circulation alongside a surge in digital newspaper subscriptions, reflecting broader shifts in news consumption habits.