The US Federal Reserve decided moments before to raise interest rates by a quarter point for the first time since 2018, as expected, to rise to 0.50% with the vote of all members, except for James Pollard, who voted for a 50 basis point hike.

Expectations for PCE inflation at 4.3% for the current year, compared to 2.6% in the December estimates and 2.7% next year, from 2.3% in the December estimates. 2.2% next year.

In the Economic Forecasts report and the Deet Bollot, the Fed expects interest rates to be in the range of 1.75% to 2% this year, i.e. seven times the rate hike, while it is expected to be in the range of 2.8% by the end of next year.