“Everything comes in suggesting that this year starts off on a solid footing for growth”: Powell in the press conference. There were 2 dissenters of the 12 voting FOMC members, Stephen Miran and Christopher Waller, who wanted a 25-basis point cut. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run. In support of its goals, the Committee decided to maintain the target range for the federal funds rate at 3‑1/2 to 3‑3/4 percent. In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook.