US Federal Reserve’s latest projections signal that the bank could raise interest rates once more this year, after increasing its policy rate by 25 basis points to 3.75%-4%

🔷 Fed raised its year-end federal funds rate projection to 4.1% from 3.8%, with 16 of 18 policymakers projecting at least one more rate hike this year

📈 Fed also raised its 2026 PCE inflation forecast to 3.7% from 3.6% and upgraded its economic growth forecast to 2.3% from 2.2%