The US Federal Reserve has downgraded the GDP growth forecast for 2023 to 0.4% from 0.5%, Trend reports citing TASS.
At the same time, the Federal Reserve has downgraded its forecast for US inflation in 2023 to 3.3% from 3.1%.
Furthermore, the Federal Reserve has improved its forecast for the US unemployment rate in 2023 to 4.5% from 4.6%.