The US central bank’s main policy rate is now in a range of 4.75-5.00%, the highest level since 2006.
The American central bank (Fed) opted on Wednesday for a moderate increase in its rate, by a quarter of a percentage point, as expected, still concerned about inflation, and despite the turbulence in the banking sector, which could “weigh” on the economy.
The decision was taken unanimously. The Fed’s main policy rate is now in a range of 4.75 to 5.00%, the highest level since 2006, and the institution plans further hikes. The Fed anticipates inflation this year a little higher than it forecast in December, at 3.6% against 3.5%, but GDP growth a little weaker, at 0.4% against 0.5 %.
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