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The Federal Reserve announced on Wednesday that it will keep interest rates unchanged. This decision comes as the central bank updated its forecasts for the U.S. economy. The Fed now expects inflation to increase and economic growth to weaken throughout 2025. Additionally, the unemployment rate is projected to rise to 4.5% next year, up from the current 4.2%.
Federal Reserve officials emphasized caution as they balance these economic challenges. Keeping rates steady aims to support continued growth without worsening inflation. However, the forecast points to tougher economic conditions ahead, including slower growth and higher joblessness.
This update follows months of careful assessment and reflects concerns about:
- Inflationary pressures
- Shifts in the labor market
The central bank’s monetary policy will remain focused on achieving stable prices while promoting maximum employment.
Stay tuned for Questiqa USA for more latest updates.
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