The Fed is more optimistic about the US economy

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Do not expect an interest rate hike until at least 2024, hinted at the US Federal Reserve (Fed) on Wednesday evening. While its meeting was widely anticipated amid rising bond yields in recent weeks, it did not disappoint. Less in terms of a radical decision: the central bank has kept its rates unchanged, as well as the pace of its asset buybacks.

But she was much more optimistic about the economic outlook. The Fed expects the US economy to grow 6.5% this year. In the last forecast, in December, it envisaged a GDP growth of 4.2%. For 2022, the projections are barely changed: 3.3% instead of 3.2%.

newsoceon.com