US Federal Reserve kept interest rate

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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.

Previous Analyst guess euro exchange rate to 99.5 rubles.

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