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الخليج
Fed signals possible rate hike this year
The U.S. Federal Reserve raised interest rates to a range of 3.75-4%, with 16 out of 18 policymakers expecting at least one more quarter-point increase before the end of the year in an effort to combat high inflation. The decision signaled the possibility of further monetary tightening in the coming months, with projections of the interest rate rising to 4-4.25% by the end of the year and remaining at that level until the end of 2027. These measures come despite previous promises to lower prices, following rising inflation pressures caused by shocks in the energy market and mortgage rates approaching seven percent, amid expectations that inflation will return to the 2% target only by 2029.
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