From Yahoo Finance: 2025-03-19 16:04:00

The Federal Reserve kept interest rates unchanged at 4.25%-4.5% in its March meeting, projecting a rate cut to 3.9% this year with raised inflation and unemployment rate forecasts. 15 officials predict a rate cut in 2025, a more cautious approach due to economic uncertainty and fears of stagflation, with core inflation expected to reach 2.7% next year. Unemployment is forecasted to rise to 4.4% this year, with economic growth downgraded to 1.7%.



Read more at Yahoo Finance: Nasdaq leads market rally as investors cheer Fed rate decision