The US Federal Reserve decided to install interest rates at their levels without change at 4.25% and 4.5%, for the second time during the current year.
Federal reserve officials have kept their expectations for the number of interests reduced during the current year to just twice, or about 50 basis points, bringing the interest rate to about 3.5% during the current year.
The Federal Reserve said that the recent indicators indicate “the continued growth of economic activity at a strong pace and the stability of the unemployment rate at a low level in recent months, as the conditions of the labor market have been stable and inflation is still a little high.”
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