- Analytics
- News and Tools
- Market News
- Federal Reserve’s decision: interest rate remained unchanged
Federal Reserve’s decision: interest rate remained unchanged
The Federal Reserve released its interest decision in Wednesday:
- The Fed cut its monthly asset purchases by another $10 billion to $35 billion and kept the Federal Funds Target Rate between zero and 0.25 percent;
- The Fed pointed out that interest rates will remain unchanged for a considerable time after the Fed's asset purchase program ends;
- The Fed lowered its forecast for economic growth this year to a range of 2.1% to 2.3% from 2.8 to 3.0% previously;
- The Fed expect its interest rate to reach 1.2% by the end of 2015 and 2.5% by the end of 2016.
Fed Chair Janet Yellen said at the press conference on Wednesday:
- The U.S. economy will continue to expand at a moderate pace;
- The U.S. economy is continuing to make progress towards the Fed's targets of full employment and 2% inflation.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
