International Economic

Fed sees faster GDP growth in 2024, shallower path for rate decreases in later years

By Alexander Bueso

Date: Wednesday 20 Mar 2024

(Sharecast News) - The U.S. central bank kept interest rates unchanged but nudged its forecasts for economic growth and interest rates in 2025 and 2026 a tad higher.
"The Committee does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is...

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