Federal Reserve Upgrades US Inflation Forecast For 2023 To 3.3% From 3.1%

Federal Reserve Upgrades US Inflation Forecast For 2023 to 3.3% From 3.1%

The Federal Reserve on Wednesday upgraded the US inflation forecast for 2023 to 3.3% from 3.1%

WASHINGTON (UrduPoint News / Sputnik - 22nd March, 2023) The Federal Reserve on Wednesday upgraded the US inflation forecast for 2023 to 3.3% from 3.1%.

Moreover, the Federal Reserve kept its inflation outlook for 2024 at 2.5%, according to its Federal Open Market Committee (FOMC).

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