The Federal Reserve has announced it will maintain its current interest rates within the range of 5.25% to 5.50%. Additionally, a significant adjustment was made to the quantitative tightening (QT) program, reducing the monthly Treasury security roll-off cap from $60 billion to $25 billion starting in June. This change, larger than the anticipated adjustment to $30 billion, reflects the Fed's heightened concerns regarding inflation and economic stability. The Fed's decision aims to manage economic risks without further rate hikes at this time.