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The FED kept interest rates in the range of 4.25-4.5%.
SUMMARY OF THE FED DECISION (19/03/2025):
1️⃣ The Fed left interest rates unchanged for the second meeting in a row.
2️⃣ The Fed indicated that uncertainty regarding the economy has increased.
3️⃣ The median forecast anticipates a total interest rate cut of 50 basis points in 2025.
The Fed will slow down the pace of balance sheet reduction starting from April 1.
5️⃣ sharply revised down its 2025 growth forecasts.
The inflation forecast for 2025 has been revised upwards.
Powell from the Fed: The economy is strong. Labor market conditions are solid. Inflation continues to remain somewhat high.