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Fed maintains interest rates and signals another increase in 2023

Fed maintains interest rates and signals another increase in 2023
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Last Wednesday, the entity decided to keep interest rates unchanged, but hinted at the possibility of a new increase.

Keeping the reference interest rate in the range of 5,25%-5,5%, the Federal Reserve made a projection that suggests a further increase by the end of the year, reaching a range of 5,5%-5,75% . While most committee members anticipate this increase, a significant group wants to maintain current levels.

The reason behind these discussions is the continued need to control inflation. The Fed's statement on Wednesday also reiterated that the decision on future increases will depend on how previous ones have impacted the economy, considering lag effects and general economic developments.

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