The US Federal reserve leaves key rate unchanged

Федрезерв США оставил ключевую ставку без изменений

The Federal reserve system of the USA

The fed kept its base rate at the level of 1-1. 25% per annum.

The open market Committee of the Federal reserve system of the USA on results of the September meeting kept its benchmark interest rate at the level of 1-1. 25% per annum, according to a press release regulator.

Recall, the fed in 2017 has raised the rate twice in June and up to 1-1. 25% in March – to 0.75-1% per annum. Prior to that, the rate of increase rate was slower – once in 2016 and 2015.

In 2007-2008, the regulator gradually lowered the rate until, until it reached its lowest level of 0-0. 25% in December 2008.

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Base rate – the interest rate at which banks lend to each other unsecured loans for one day. The fed rate affects everyone. Its increase leads to the withdrawal of investors in US assets, which means a stronger dollar and lower commodity prices.