The Federal Reserve (Fed), the central bank of the United States, concluded on Wednesday a two-day meeting in which it decided on the interest rate. Market consensus anticipated a rate increase by the North American monetary regulator.
The decision to raise interest rates comes in a context where inflation in the United States has been persistently recording values above the target established by the Fed. Month after month, price indicators have exceeded the central bank's targets.
The objective of the interest rate increase is precisely to contain inflation, making credit more expensive and reducing consumption and investment. This measure aims to cool the economy and stabilize prices.
Financial market participants were closely monitoring this meeting, expecting the Fed to maintain its monetary tightening trajectory to combat the inflationary pressure that has been affecting the North American economy.
