the Fed begins its meeting, sharp rate hike in sight


Washington (awp/afp) – The Monetary Policy Committee of the American central bank (Fed) began its meeting on Tuesday noon, after which a new sharp increase in key rates should be announced to fight against very high inflation. raised in the United States.

“The meeting of the Monetary Policy Committee (FOMC) began at 1:00 p.m. (5:00 p.m. GMT) as scheduled,” a spokesman for the Federal Reserve (Fed) told AFP. Fed officials will also update their forecasts for GDP growth, inflation and the unemployment rate. A press release will be issued Wednesday at 2:00 p.m. (6:00 p.m. GMT).

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