The Fed is keeping interest rates and forecasts a cut in 2024, but not in March.

The US Federal Reserve System (FRS) has made a decision maintain interest rates at the current pace and has moved forward, that if the economy develops positively as it has so far, there will be descents

this year though No at the next meeting March.

After a two-day meeting, members of the Federal Open Market Committee (FOMC), the body responsible for deciding whether to raise rates, unanimously decided to keep rates within the range 5.25% and 5.5%this is the highest level since 2001.

The next one will take place on March 19 and 20, and the regulator’s president does not expect there to be a “level of confidence” sufficient to announce a cut by then, Fed President Jerome Powell explained in a statement. press conference.

The Fed president, who has recorded “solid” growth over the past year, has a “strong” job market and has a six-month “good inflation record” and “expectations for more to come.”

“It’s a good situation. Let’s be honest, this is good economics,” Powell said, clarifying that what is needed is not “better data” but “rather continuation of good data

what we saw.”