The United States Federal Reserve (FED) announced on Wednesday that, for the second time consecutive so far this year, it maintains interest rates in its current range of 4.25 % to 4.5 % and left the opinion that there could be two cuts this 2025.
At the end of the two -day meeting of its Federal Open Market Committee (FOMC), the second of this 2025, the regulator reiterated in a statement its maxim that,, When considering any change, incoming information and risk balance will be “careful”.
The Fed note, prior to the press conference of the president of that agency, Jerome Powell, points out that “Recent indicators suggest that economic activity has continued to expand at a solid pace”that the unemployment rate has stabilized at a low level and that labor market conditions are solid, although inflation remains “somewhat high.”
The organization explained that in the face of future adjustments, inflationary pressures and the development of the financial and international situation will be taken into account.
Last December, the month in which the types of a quarterfinal lowered, to the current range, the median forecasts of the FED governors foresaw by 2025 two cuts until it is 3.9 % (the equivalent of a range of 3.75 % to 4 %).
These figures reflect that most believe that there will be such descents, although it does not necessarily mean that there will be.
This Wednesday, In the macroeconomic projections that accompanied the announcement of the types there were no changes in this regard, which makes anticipate that the forecast will be fulfilled that there are two declines throughout the year.
The Fed decision coincides at a time of national and international uncertainty on the impact of tariffs imposed and provided by US President Donald Trump, who will begin to apply on April 2 reciprocal encumbroles unless its business partners stop practices that it considers unfair.
On Sunday, the Secretary of the Treasury, Scott Besent, He did not rule out that the country may fall into a recession and considered “healthy” the corrections that are in the stock market for such concern. “What I can predict is that we are implementing solid and lasting policies,” he said in the NBC News chain.
Inflation fell in February to 2.8 % year -on -year, still far from the objective of 2 % of the Fed. It was a moderation of two tenths compared to January, while the underlying data, which excludes food and energy for its volatility, was 3.1 %, also two tenths less than in January and the lowest level since April 2021.
The expectations that prices rise, however, have shot themselves as a result of tariffs. In turn, the unemployment rate increased one tenth in February, to 4.1 %, although that figure remains low.
