Here are a few of the key points from the Federal Reserve’s latest interest rate decision and comments from Jerome H. Powell, the Fed chair, at his post-meeting news conference:

• By raising rates, the Fed is continuing its fight against inflation but holding off on a more aggressive rate move that might spook markets after weeks of bank turmoil.

• Officials forecast that they will lift borrowing costs to 5.1 percent in 2023. That is unchanged from their December forecasts, and implies one more rate increase this year.

• Inflation has surprisingly been stubborn, which Mr. Powell referred to repeatedly during his news conference.

• Bank turmoil is expected to slow lending and credit availability, and that could cool the economy. By how much is “uncertain,” Mr. Powell said.

• Officials see inflation easing to 3.3 percent by the end of the year, down from 5.4 percent in the last reading.

• The Fed is prepared to answer tough questions about its oversight of Silicon Valley Bank, which collapsed this month and sent tremors through the financial system. An internal review had been ordered, and Mr. Powell said he welcomed scrutiny of what went wrong.

• The upshot? The Fed thinks it has more work to do in wrangling rapid price increases, but it is also navigating a fraught moment as problems in the banking system hang over the economy — and the central bank’s policy path.