PANews, June 18 – According to Jinshi reports, J.P. Morgan Asset Management Asia Chief Market Strategist Tai Hui stated that at the first FOMC meeting chaired by newly appointed Fed Chair Warsh, the committee unanimously decided to keep the federal funds rate target range unchanged at 3.50%–3.75%. Judging from the signals released at this meeting, the Fed has shown no urgency to ease monetary policy. Tai Hui further noted that the policy statement has undergone a significant change in format, with its length reduced by about half compared to the previous version. Compared with the classic "four-paragraph" detailed statement released in April this year, the latest statement has been substantially streamlined and has completely abandoned the previously implied easing bias. At the same time, the descriptions of economic growth, the labor market, and the inflation outlook have also become noticeably more concise. He believes that at the current interest rate level, the FOMC appears willing to remain patient, and therefore maintains the view that the Fed will not adjust rates this year.