The US Federal reserve left the base rate unchanged

Федрезерв США оставил базовую ставку без изменений

The fed has kept its key interest rate

The Federal reserve left the benchmark interest rate at the level of 2-2. 25% per annum

The Federal reserve announced the decision on the interest rate following the results of session on Wednesday, March 20.

Rate maintained at the level of 2.25-2.5% per annum.

We will remind, in January, the fed also decided not to change the indicator.

In 2018, the fed raised the rate four times in March, June, September and December. The last time the rate was raised by 0.25 percentage points to 2.25-2.5% per annum.

The fed is an independent Federal Agency to perform the functions of a Central Bank and control of the commercial banking system of the United States.

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.

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