On March 19, 2025, the Federal Open Market Committee (FOMC) released its policy statement following the latest rate decision. The statement included updates to the Summary of Economic Projections and the Dot Plot, indicating changes in the Federal Reserve's outlook. Notably, the Fed removed language indicating that 'risks to inflation and employment are roughly in balance.' This adjustment has been interpreted as a shift in the Fed's assessment of economic conditions. Federal Reserve Chair Jerome Powell clarified that this change is not intended to signal a specific action or direction. The dollar index ($DXY) and USD/JPY exchange rates were referenced in relation to the FOMC's decisions.