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Stronger than i think everyone expected. And so what youre seeing is this is what people believe, as of now, will be appropriate to achieve what were looking to achieve, which is progress toward our inflation goal. Central bankers now project higher growth and lower unemployment for next year. Central bankers now project higher growth and lower unemployment for next year. If theyre right, the us will have avoided a long feared recession. The decision gives policy makers more time to assess whether theyve done enough over the last 18 months to tame inflation. Remember, the fed began lifting Interest Rates from near zero back in march 2022. Central banks here in asia keep a close tab on the fed because us Interest Rates strongly influence Exchange Rates against the dollar. Fred newman covers economies in asia extensively for the banking giant, hsbc, and he says that the impact of us Monetary Policy on the rest of the world is not a primary concern for the fed. Well, its a little bit our

Stock indicesWall streetNew yorkInterest ratesFederal reserveCentral bank5 25Holding rates higherforFed chairjerome powellInflation goalMonetary policy decisionMarch 20222022 centralMonetary policyFred newmanExchange rates