Fed March 19 Rate Decision: The Federal Reserve, the American central bank, on Wednesday kept key US interest rates on hold, as widely expected. For 2025, it raised its inflation forecast while lowering its growth and unemployment projections. Read on to learn more about this news.
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Fed Chair Jerome Powell said that the projections for less growth and worse inflation this year somewhat offset each other. The US central bank conducts eight scheduled policy reviews each year. | File photo | Image:
