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Fed leaves interest rates unchanged
Finance
- 15 June, 2023
- 06:06
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The US Federal Reserve has kept the interest rate at 5-5.25%, Report informs referring to the regulator.
Thus, the Fed improved the US GDP growth forecast for 2023 to 1% from 0.4%, downgrading to 1.1% from 1.2% for 2024.
The forecast for the US unemployment rate has been improved in 2023 to 4.1% from 4.5%.
In addition, the Fed has improved its forecast for US inflation in 2023 to 3.2% from 3.3%.
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