The Fed revises upward the growth estimates for the American economy
, expected to grow by 6.5% this year and by 3.3% in 2022.
In December it had forecast a 4.2% increase in GDP.
Fed improves US unemployment estimates
.
The rate this year is expected to fall to 4.5% compared to 5% expected in December.
Inflation is expected at 2.4% in 2021, up from 1.8% of previous estimates.
For 2022, inflation is expected at 2.0% and in 2023 at 2.1%.
The Fed leaves interest rates unchanged.
The cost of money remains unchanged between 0 and 0.25%.
The Fed will keep interest rates steady at least until 2023, when at least an increase is expected
.
This is what emerges from the tables, the so-called 'dot plots', which accompany the final statement with the monetary policy decisions released at the end of the two-day meeting.
