Date: 4 months ago   Category: Finance

FRS has raised a rate to 2-2,25% — Rambler News Service


FRS has raised a rate to 2-2,25%
Photo: globallookpress.com/Yang Chenglin the Committee on operations in the open market of the Federal Reserve System (FRS) of the USA has made the decision to raise a base interest rate to level 2-2,25%%, it is said in the statement of FRS. "Against the background of already existing and expected conditions in labor market and inflation, the committee has decided to raise a target interval of a rate of FRS to the level of 2-2,25%" — it is said in the statement. At a meeting on June 13 the committee on operations in the open market of U.S. Fed has raised a rate to 1,75-2%. During the previous meeting which has taken place on August 1 the committee on operations in the open market of U.S. Fed has made the decision to keep a rate at the level of 1,75-2%. As earlier reported Reuters agency, I predicted FRS at the end of 2017 that in 2018 the key interest rate will be raised three times, but some investors believe that the tax and budgetary stimulation and signs of inflationary pressure can lead to one more increase in a rate.

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