# gateventures

‍#GateVentures Weekly Highlights
TL;DR
The FOMC maintained the policy rate at 3.50%–3.75%, with one dissenting vote in favor of a rate cut, signaling early internal divergence. Jerome Powell highlighted elevated geopolitical uncertainty in the Middle East, noting the Fed remains data-dependent and open to policy adjustments.
Industrial production slowed to 0.2%, indicating moderating economic momentum, while the Philadelphia Fed Manufacturing Index reached a six-month high, suggesting selective resilience. However, rising energy costs pose downside risks to margins and the forward outlook.
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