March 17, 2016, 00:14 | Fed | base rate | Economy
The US Federal Reserve left the benchmark interest rate unchanged at 0.25-0.5%. This was announced by the Federal Reserve Committee Operations on the open market at the end of the two-day meeting, which was held on Wednesday. The Committee explained the decision remains a risk to the global economy, reports DW.
Most experts expect such solutions. A survey conducted by the newspaper The Wall Street Journal, showed that only 12% of observers expect an increase in the base rate. This rate has remained at a level close to zero, for seven years.
Earlier, on March 10, the European Central Bank (ECB) has set the base rate at 0%. ECB President Mario Draghi also announced its intention to expand the program of buying bonds.
No comments:
Post a Comment