The US Federal Reserve retained the base rate at 1.25-1.5% per annum
At a meeting of the Federal Reserve System (FRS) of the United States, which was held on the eve, it was decided to leave the base interest rate at the same level - 1.25-1.5% per annum.
Federal Open Market Committee (FOMC) The US Federal Reserve expects that in the near future inflation in the country will reach the target of 2%, and the regulator will gradually start raising rates.
According to the Federal Reserve, the American economy is steadily developing, labor market conditions remain favorable, which in the middle leads to a decrease in unemployment.
In addition, it is noted that the indicators on employment, household expenditures and long-term capital investments in business remain stable high.