[Federal Reserve Policy Statement May Adjust Wording and Target Range] The Federal Reserve may adjust the wording in its policy statement, acknowledging the rebound in economic activity and removing references to inflation 'rising,' while maintaining other descriptions of inflation and employment. The statement may mention the uncertainty caused by the lack of data due to the government shutdown. Additionally, the Fed may modify the target range to reflect the rate cut decision and signal the end of quantitative tightening in this or the next meeting. Federal Reserve Governor Milan may oppose a 25 basis point rate cut and support a 50 basis point rate cut; Kansas City Fed President Schmidt may oppose the rate cut and advocate for keeping rates unchanged. These adjustments are already within market expectations.