2023-06-14 19:10:08
The U.S. central bank (Fed) kept rates at 5.00-5.25% on Wednesday, pausing for the first time since March 2022 following 10 straight hikes, but officials mostly plan to raise rates further by the end of 2023.
This decision, taken unanimously by the members of the monetary policy committee (FOMC), should make it possible to “assess the additional information and its implications for monetary policy”, detailed the Fed in a press release.
It also raised its GDP growth forecast for the United States for 2023 to 1.00%, once morest 0.4% expected in March, and very slightly lowered its inflation forecast, to 3.2% once morest 3, 3%.
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