Federal Reserve keeps key interest unchanged; might maintains the rate throughout the year
Federal Reserve keeps key interest unchanged; might maintains the rate throughout the year
The USA Federal Reserve has announced on Wednesday that it decided to maintain the key interest rate in the range 2.25% to 2.5%. The central bank also signals the possibility of no more rates hikes for this year.
The Fed has been lifting the interest rate since 2015 on continuous improving employment status, which is expected to general higher inflation.