The Fed Reserve’s policy setting committee released the outcomes of its two-day meeting at 2 p.m. ET on Wednesday.
And it also just released its latest Summary of Economic Projections.
The Fed now expects 2016 GDP to grow around 2.1% to 2.3%, down from its previous outlook of 2.3% to 2.5% growth.
As for unemployment rate, the Fed kept its projection the same as in December at 4.6% to 4.8%.