The US central bank’s main policy rate is now in a range of 4.75-5.00%, the highest level since 2006.
The US central bank (Fed) opted this Wednesday for a moderate rise in its rate, by a quarter of a percentage point, as expected, still concerned about inflation, and despite the turbulence in the banking sector, which could “weigh” about the economy.
The decision was made unanimously. The Fed’s main policy rate is now in a range of 4.75 to 5.00%, the highest level since 2006, and the institution plans further hikes. The Fed anticipates that this year’s inflation will be slightly higher than forecast in December, at 3.6% versus 3.5%, but GDP growth will be slightly weaker, at 0.4% versus 0, 5 %.
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Source: BFM TV
