The U.S. Federal Reserve decided not to change its interest rates but hinted they might increase them by the end of the year. Their projections suggest the benchmark overnight interest rate might peak between 5.5% to 5.75% this year, decreasing to 5.1% by 2024's end and 3.9% by 2025. They're hoping to lower inflation from 3.3% in 2023 to 2.5% in 2024 and then to 2.2% in 2025. They aim to reach a 2% inflation rate by 2026.
After these numbers came out, th...