Endure guys!!!

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Andyhks
2023-03-23

Endure guys!!!

The Fed Projections Call for Just One More Rate Hike This Year

The Federal Reserve will hike interest rates just one more time in 2023 before the central bank ends

The Fed Projections Call for Just One More Rate Hike This Year

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The central bank on Wednesday took the benchmark federal funds rate a quarter percentage point higher to a range between 4.75%-5%.</p><p>The so-called dot plot, which the Fed uses to signal its outlook for the path of interest rates, indicate that a majority of officials (10 out of 18 members) expect only one more rate hike ahead by the end of this year. 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The central bank on Wednesday took the benchmark federal funds rate a quarter percentage point higher to a range between 4.75%-5%.</p><p>The so-called dot plot, which the Fed uses to signal its outlook for the path of interest rates, indicate that a majority of officials (10 out of 18 members) expect only one more rate hike ahead by the end of this year. 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