Updated projections show members of the Federal Reserve expect stronger economic growth and higher inflation this year, although the central bank still expects to keep interest rates at near-zero levels through 2023.
The updated forecasts were released on Wednesday along with the announcement of the Fed's universally expected decision to maintain the target range for the federal funds rate at zero to 0.25 percent.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.