The US Federal Reserve System (FRS), which also acts as the country’s central bank, decided to keep the base interest rate between 5.25-5.5%. This has been reported Web site organizations.
“The Committee (Open Market Operations, FOMC – socialbites.ca) decided to keep the target range of the federal funds rate at 5.25-5.5%,” the Fed said.
He explains that the FOMC will carefully consider incoming data and the balance of risks when considering any adjustments to the federal funds rate target range. It is stated that this time the decision to maintain the base rate was taken unanimously by Fed officials.
Before that, Bank of Japan raised The discount rate was reduced from -0.1% to 0-0.1% for the first time in the last 17 years.
Additionally, the regulator decided to abandon yield curve control.
former financier explained Strengthening the ruble exchange rate.