Major US stock indexes finished trading with a moderate increase, receiving support from the outcome of the meeting of the Federal Reserve System, as well as statistics on the United States.

The leadership of the Fed decided to raise the key interest rate by 0.25%, to 0.75% -1%. The regulator said it expects a gradual rate hike if the economy develops in line with their forecasts. The so-called "point" diagram of the Fed, through which the Central Bank reflects its assessment of the interest rate trajectory, shows that officials expect two more increases this year. Meanwhile, the average forecasts indicated that by the end of 2018 the rate will be in the range 2.0% -2.25%, which implies three more rate increases of 0.25% in 2018. As for 2019, expectations have slightly increased, and now forecasts indicate that the rate will be 3% by the end of 2019. At the same time, the economic forecasts of the Fed have not changed much relative to December. According to the median forecast, GDP growth in 2017 and in 2018 will be 2.1%. Expectations for long-term unemployment fell to 4.7% from 4.8% in December.

As for the statistical data, the Ministry of Labor reported that consumer prices continued to rise in February. The consumer price index in February rose by 0.1% compared to the previous month. The cost of energy and food, so-called basic prices, increased by 0.2%. These figures corresponded to the expectations of economists and reinforced the opinion of the Fed on the underlying strength in the economy. Consumer prices rose by 2.7% compared to last year, which is the largest annual increase from 12 months to March 2012.

Meanwhile, the Ministry of Commerce said that retail sales in the US were practically not moving forward in February, which is a warning to consumers, which may be due to a brief delay in some tax refunds. Sales in retail stores and restaurants in the US rose 0.1% compared with the previous month and seasonally adjusted $ 473.99 billion. This was the weakest increase since August. Excluding cars and auto parts, sales rose 0.2% from January.

The components of the DOW index have mostly grown (24 out of 30). Caterpillar Inc. was the growth leader. (CAT, + 1.68%). More shares fell American Express Company (AXP, -0.53%).

All sectors of the S & P index showed an increase. The leader of growth was the sector of basic materials (+ 2.6%).

At closing:

Dow + 0.54% 20,949.75 +112.38

Nasdaq + 0.74% 5,900.05 +43.23

S & P + 0.83% 2,385.11 +19.66