US Federal Reserve raises interest rates by a quarter of a percentage point

The Fed also released its new economic projections on Wednesday, which go through the end of 2025. In these non-binding indications, known as the “dot plot”, the central bankers continue to assume that the key interest rate will reach a high of 5 to 5.25 percent. Two weeks ago, Powell indicated before the US Congress that this maximum rate would have to be increased further.