The US Federal Reserve System (FRS) kept the interest rate unchanged at 5.25-5.5%; The regulator’s press release was published on: Web site.
The report stated that the FOMC aims to achieve maximum employment and 2 percent inflation in the long term.
“In order to support these targets, the committee decided to keep the target rate range at 5.25-5.5% annually,” the statement said.
After the July meeting, the Fed increased the base interest rate to 5.25-5.5% annually.
It is also stated that the majority of members of the US Federal Open Market Committee estimate that the base interest rate will be 4.5-4.75% or 4.75-5% at the end of next year.
Before that, environmental activists almost collapsed Speech by the head of the US Federal Reserve at the IMF conference.
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