The Federal Reserve has kept its interest rate projections for this year unchanged and retained its current interest rate at 4.25%-4.5%. The interest rate is projected to be lowered between 3.5% and 4% by the end of the year as inflation slows down from its estimated 2.7% average in 2025 to an average of 2.2% in 2026. The Federal Reserve is projecting real GDP growth for 2025 to be estimated at 1.7%.
Federal Reserve Chairman Jerome Powell is about to give a press conference soon.
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