- Gold offers jump after releasing the latest rates and a dot chart.
- The expectations of growth in 2025 are tough by skewed American political connections.
- Powell admitted that tariff effects are tough to forecast.
On Wednesday, the Gold increased in the direction of USD 3050 during trade in Śróddzienka, when the Federal Reserve (FED) made the last decision on the interest rate, keeping the feet unchanged at 4.5%. The Fed noted that growth forecasts for 2025 were significantly hindered by the irregular policy of the Trump administration consisting in the announcement of trade tariffs in social media only to withdraw them. As a result, the Federal Committee Open Market (FOMC) revised its forecast of the domestic gross (GDP) End-2025 to 1.7%, which is a pointed decline compared to 2.1% estimated in December.
In addition, the Median Dot suggests that the 2025 final interest rate will remain at 3.9%, which shows a slight change from the last meeting of the policy. FOMC plans to snail-paced down the balance sheet from April. The rate markets still indicate a more than 50% chance to reduce a quarter point in June, with most traders a valuation in a 65% chance of reduction of a quarter or higher rate on June 18.
Powell Fed: Inflation remains slightly increased
Despite the growing risk for the US economy through delayed growth rates and growing fears that random US tariff policy could start both fresh inflation and economic recession at the same time, Fed Chairman Jerome Powell noticed on Wednesday that the current economic perspectives still remain generally fit, and the Fed is not in a hurry from the departure of at least two subsequent reductions of the rates at least two. during the year.
This policy perspective suits the total result of the Fed decision -maker speeches, obtained by the internal sentiments of the Fed Fed Fed, which shows that the FED speakers loudly indicate the growing risk and fears associated with the US economy, but the aggregate view remains slightly pinned to the Dovish website.
