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.
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