Here's your summary from Bloomberg Surveillance: The Fed Decides 06/12/24 (https://www.youtube.com/watch?v=cGKsCyoWZl8) on the Bloomberg Television channel:

### TLDR:

The Federal Reserve decided to keep policy interest rates unchanged and continue reducing securities holdings, focusing on achieving maximum employment and stable prices.

### Key Points:

1. The Fed remains committed to returning inflation to the 2% goal to support a stronger economy.

2. Economic indicators suggest solid economic growth and a balanced labor market.

3. There was a slight uptick in the unemployment rate, but the Fed's decision to maintain rates was unanimous.

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