The Fed Decided Not to Raise Interest Rates Yet – Money & Markets

The Fed Decided Not to Raise Interest Rates Yet – Money & Markets


But it will take two years for inflation to fall to 2.2 percent. Rates will remain at about 4 percent until the end of 2025

The Federal Open Market Committee (FOMC), the Federal Reserve body responsible for monetary policy in the United States, announced that it has left the Federal Open Market Committee (FOMC), the Federal Reserve body responsible for monetary policy in the United States, Interest rates are 5.25-5.50 percentThis is the highest level since 2001.

As of March 2022, It’s the second time And that the US Central Bank chooses to keep interest rates unchanged; At the other eleven meetings, a rate increase was always decided with the stated aim of combating inflation.

Interest rates have been reduced to 0-0.25 percent in March 2020To mitigate the negative effects of the Corona virus epidemic on the American economy Then it gradually increased Since last year.

Thus, after adopting several increases in a short time, according to the Central Bank, Inflation is expected to fall to 3.3 percent by the end of this yearTo 2.5 next year and to 2.2 by the end of 2025. That’s why it’s expected to Rates will decrease, but gradually: 5.1 percent by the end of 2024 and 3.9 percent by the end of 2025. Meanwhile, growth continues: For 2023 it should reach 2.1 percent.

source

The source represents the starting point from which QB has selected the items it considers to be most relevant.

See also  Kennedy: 60 years ago, the assassination that changed the history of the United States of America

Quotebusiness.com It is an independent newspaper founded in 2018 and is particularly interested in international economics. But free information comes at a cost, a cost that cannot be borne with advertising alone. If you value our content, your help, even if small and without obligation, will help ensure the independence of quotebusiness.com and will make a difference in the quality of information. “qb” you too. thanks for the support

Leave a Reply

Your email address will not be published. Required fields are marked *