He also expected inflation to reach 4.3 percent in 2022, 2.7 percent in 2023, and 2.3 percent in 2024.
He said he expected economic growth to reach 2.8 percent this year, a sharp drop from his previous forecast for growth in December of 4.0 percent.
The Federal Reserve expected that the unemployment rate in the United States would fall to 3.5 percent this year and remain at this level next year, but it is expected to rise slightly to 3.6 percent in 2024.
The Chairman of the US Federal Reserve said, Jerome Powell: "If inflation readings show a need to increase interest rates at a faster pace, we will do so".
و :ضاف: "We have a plan to increase interest rates steadily over the course of a year".
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On Wednesday, the US Federal Reserve raised interest rates by a quarter of a percentage point, and expected them to reach a range between 1.75 percent and 2 percent by the end of the year.
وقال US central bank He expects inflation to remain above his 2 percent target, at 4.1 percent this year, and only decline to 2.3 percent until the end of 2024.
He also expected inflation to reach 4.3 percent in 2022, 2.7 percent in 2023, and 2.3 percent in 2024.
He said he expected economic growth to reach 2.8 percent this year, a sharp drop from his previous forecast for growth in December of 4.0 percent.
The Federal Reserve expected that the unemployment rate in the United States would fall to 3.5 percent this year and remain at this level next year, but it is expected to rise slightly to 3.6 percent in 2024.
The Chairman of the US Federal Reserve said, Jerome Powell: “If inflation readings show a need to increase interest rates at a faster pace, we will do so.”
“We have a plan to increase interest rates steadily over the course of a year,” he added.
