US equities finished higher in Wednesday trading, rallying after today's FOMC meeting, with the Dow Jones, S&P500, and Nasdaq finishing up 103bps, 89bps, and 125bps respectively. Fed left rates unchanged at 5.25-5.50%. Statement reiterated Fed needs additional confidence inflation returning to target before easing. Median 2024 dot in updated SEP unchanged at three rate cuts. However, median dot in 2025 and 2026 each went up ~25 bp. Noted recent data suggest gradual, bumpy disinflation trend remains intact.