The Federal Reserve (the US Central Bank) remained interest rate without changing today, Wednesday, as expected, but policy makers indicated that they still expect to reduce borrowing costs half a percentage point by an end.
The year in light of the expected slowdown in economic growth.
After the customs duties imposed by the administration of President Donald Trump, the reserves officials raised their estimates of inflation this year, as the consumer price index is expected to reach 2.7% by the end of the fiscal year at the end of next September, compared to 2.5% expected in December.
The federal reserve aims to reach the inflation rate to 2%.
